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New version applies from 20/06/2013 — introduced by Directive 2013/14/EU. 165 provisions change. Later versions: 02/07/2014, 13/01/2019, 26/06/2021, 02/08/2021, 09/01/2024, 17/01/2025, 16/04/2026. Recital 41 changes in this version: compare with the current text.

View as of 20/06/2013 What changes

Recital 41

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Recital 41

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(41)Entrusting the custody of assets to the operator of a securities settlement system as designated for the purposes of Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems ¹² or entrusting the provision of similar services to third-country securities settlement systems should not be considered to be a delegation of custody functions.

12 OJ L 166, 11.6.1998, p. 45 . ↩

Metadata

✓ In force

↻ Amendments (0)

3 of the 3 later versions carry the same text as the version before (re-issued on a consolidation date); they are listed but not counted.

13/01/2019 current no text change by Directive (EU) 2016/2341 by Securitisation Regulation
02/07/2014 no text change by Directive 2014/65/EU (MIFID II)
20/06/2013 no text change by Directive 2013/14/EU
21/07/2011 first version in the database