The draft proposed article establishes objectives and scope, defines key terms and specifies principal obligations for regulated parties, including operational, reporting and transparency requirements. It designates the competent authority, sets out enforcement mechanisms, sanctions and an appeals process, and provides for monitoring, compliance assessments and sanctioning powers.

Transitional arrangements, effective dates and administrative requirements are included, together with delegated powers to issue guidance and technical standards. The article mandates record‑keeping, audit rights, reporting timelines and periodic review, and requires impact assessment and stakeholder consultation during implementation.