3.

When appointing any auction platform, the Member States shall take into account the extent to which candidates demonstrate fulfilment of all of the following: ensuring respect of the principle of non-discrimination both de facto and de jure; full, fair and equitable access to bid in the auctions for SMEs covered by the Union scheme and access to bid in the auctions for small emitters; ensuring cost-efficiency and avoiding undue administrative burden; robust auction supervision, notification of suspicions of money laundering, terrorist financing, criminal activity or market abuse, administration of any required remedial measures or sanctions, including the provision of an extra-judicial dispute resolution mechanism; avoiding distortions of competition in the internal market including the carbon market; ensuring the proper functioning of the carbon market including the implementation of the auctions; connecting to one or more clearing system or settlement system; the provision of adequate measures requiring an auction platform to hand over all tangible and intangible assets necessary for the conduct of the auctions by an auction platform’s successor.

← art_35__para_2__text_1 · All articles · art_35__para_3__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.