rec_2
(2) The ESAs have made a crucial contribution to the harmonisation of the rules of the financial markets in the Union by providing the Commission with input for its initiatives for regulations and directives adopted by the European Parliament and by the Council. The ESAs have also provided the Commission with drafts of detailed technical rules which have been adopted as delegated and implementing acts.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.