L176/16 Official Journal of the European Union 10.7.2010 COMMISSION REGULATION (EU) No 584/2010 of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards the form and content of the standard notification letter and UCITS attestation, the use of electronic communication between competent authorities for the purpose of notification, and procedures for on-the-spot verifications and investigations and the exchange of information between competent authorities (Text with EEA relevance) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Directive 2009/65/EC of the European Parlia- ment and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to under- takings for collective investment in transferable securities (UCITS) (1), and in particular Article 95(2)(a), (b) and (c), Article 101(9) and Article 105 thereof, Whereas: Directive 2009/65/EC provides the Commission with implementing powers to specify and harmonise certain aspects of the new procedure for notification of marketing of units of UCITS in a host Member State. Such harmoni- sation should provide competent authorities with the nec- essary certainty as to how the new requirements will work and help to ensure that the new procedure functions smoothly. In order to facilitate the notification procedure it is neces- sary to specify the form and content of the standard model notification letter to be used by a UCITS and the form and content of the attestation to be used by the competent authorities of Member States to confirm that the UCITS fulfils the conditions set out in Directive 2009/65/EC. Member States should be able to communicate both the notification letter and the attestation electronically. Given the objective of Directive 2009/65/EC to ensure that a UCITS is able to market its units in other Member States subject to a notification procedure based on improved communication between the competent authorities of the Member States, it is necessary to set out a detailed proce- dure for the electronic transmission of the notification file between competent authorities. () OJL 302, 17.11.2009, p. 32. 4 Directive 2009/65/EC requires the competent authorities of the UCITS home Member State to verify if the notifica- tion file is complete before they transmit the complete file to the competent authorities of the Member State in which the UCITS proposes to market its units. It also provides a UCITS with the right to access the market of a host Mem- ber State immediately after the complete notification file has been transmitted by the competent authorities of the UCITS home Member State to the competent authorities of a Member State where the UCITS proposes to market its units. In order to ensure legal certainty it is necessary to establish when the transmission of the complete notifica- tion file is considered to have taken place. Moreover, the procedure for the use of electronic communication shall require competent authorities of the UCITS home Member State to make sure that transmission of the complete docu- mentation has taken place, before they notify a UCITS about the transmission pursuant to Article 93(3) of Direc- tive 2009/65/EC. It is also necessary to set out procedures for dealing with technical problems that occur in the pro- cess of the transmission of the notification file between competent authorities of the UCITS home and host Mem- ber State. In order to simplify the transmission of the notification file as well as take into account technical innovations and the feasibility of developing more sophisticated systems for electronic communication, competent authorities may implement cooperative arrangements to improve the elec- tronic communication of the notification file in particular in relation to system security and the use of encryptions mechanisms. Competent authorities should also coordi- nate arrangements for electronic communication within the Committee of European Securities Regulators. Directive 2009/6 5/EC requires that Member States take the necessary administrative and organisational measures to facilitate cooperation. Enhanced cooperation between competent authorities is necessary to ensure that UCITS and management companies managing UCITS comply with Directive 2009/65/EC and to ensure the smooth func- tioning of the internal market and a high level of investor protection.