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Article 52 - Sharing audit findings with the user committee

Article 52
Sharing audit findings with the user committee

1. A CSD shall share audit findings with the user committee in any of the following cases:

((a))

where the findings relate to the criteria for accepting issuers or users to their respective securities settlement systems operated by the CSDs;

((b))

where the findings relate to any other aspect of the user committee's mandate;

((c))

where the findings may impact the level of provision of services by a CSD, including ensuring business continuity.

2. Members of the user committee shall not be provided with information that may place those members at a competitive advantage.

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