The maximum length of the usual ‘short settlement cycle’ shall be three trading days following the transaction.
◷
New version applies from 26/11/2013 — introduced by Directive 2013/50/EU.
23 provisions change.
Article 5 changes in this version: compare with the current text.
Article 5 - Maximum length of the usual ‘short settlement cycle’ (Article 9(4) of Directive 2004/109/EC)
‹
›
Article 5
Maximum length of the usual ‘short settlement cycle’ (Article 9(4) of Directive 2004/109/EC)