1.   An applicant seeking authorisation to operate an APA or an ARM pursuant to Article 27d of Regulation (EU) No 600/2014 shall submit to ESMA or, where relevant, the national competent authority the information set out in Articles 2 to 7, and the information regarding all the organisational requirements set out in Section II of this Chapter.

2.   An APA or ARM shall promptly inform ESMA or, where relevant, the national competent authority of any material change to the information provided at the time of the authorisation or thereafter.