What changes on 30/03/2017
The text in force from 09/01/2014 compared with the text from 30/03/2017.
160 inserted
0 amended
0 deleted
0 moved
Read the act as of 30/03/2017 · other versions:
Chapter I
- inserted Article 1 - Definitions
Chapter II
- inserted Article 2 - Determination of most relevant currencies
- inserted Article 3 - Practical arrangements for the consultation of the relevant authorities referred to in Article 12(1)(b) and (c) of Regulation (EU) No 909/2014
Chapter III › Section 1
- inserted Article 4 - Identification and legal status of applicant CSDs
- inserted Article 5 - General information concerning policies and procedures
- inserted Article 6 - Information concerning services and activities of the CSD
- inserted Article 7 - Information concerning groups
Chapter III › Section 2
Chapter III › Section 3
- inserted Article 9 - Organisational chart
- inserted Article 10 - Staffing policies and procedures
- inserted Article 11 - Risk monitoring tools and governance arrangements
- inserted Article 12 - Compliance, internal control and internal audit functions
- inserted Article 13 - Senior management, management body and shareholders
- inserted Article 14 - Management of conflicts of interest
- inserted Article 15 - Confidentiality
- inserted Article 16 - User committee
- inserted Article 17 - Record-keeping
Chapter III › Section 4
- inserted Article 18 - Goals and objectives
- inserted Article 19 - Handling of complaints
- inserted Article 20 - Requirements for participation
- inserted Article 21 - Transparency
- inserted Article 22 - Communication procedures with participants and other market infrastructures
Chapter III › Section 5
- inserted Article 23 - Book-entry form
- inserted Article 24 - Intended settlement dates and measures for preventing and addressing settlement fails
- inserted Article 25 - Integrity of the issue
- inserted Article 26 - Protection of participants' and their clients' securities
- inserted Article 27 - Settlement finality
- inserted Article 28 - Cash settlement
- inserted Article 29 - Participant default rules and procedures
- inserted Article 30 - Transfer of participants and clients' assets in case of a withdrawal of authorisation
Chapter III › Section 6
- inserted Article 31 - Legal risks
- inserted Article 32 - General business risks
- inserted Article 33 - Operational risks
- inserted Article 34 - Investment policy
- inserted Article 35 - Capital requirements
Chapter III › Section 7
- inserted Article 36 - CSD links
Chapter III › Section 8
- inserted Article 37 - Access rules
Chapter III › Section 9
Chapter IV
Chapter V
- inserted Article 40 - Information to be provided to the competent authority
- inserted Article 41 - Periodic information relevant for the reviews
- inserted Article 42 - Statistical data to be delivered for each review and evaluation
- inserted Article 43 - Other information
- inserted Article 44 - Information to be supplied to the authorities referred to in Article 22(7) of Regulation (EU) No 909/2014
- inserted Article 45 - Exchange of information between the competent authorities referred to in Article 22(8) of Regulation (EU) No 909/2014
Chapter VI
Chapter VII
- inserted Article 47 - Risk monitoring tools of CSDs
- inserted Article 48 - Risk monitoring committees
- inserted Article 49 - Responsibilities of key personnel in respect to the risks
- inserted Article 50 - Conflicts of interest
- inserted Article 51 - Audit methods
- inserted Article 52 - Sharing audit findings with the user committee
Chapter VIII
- inserted Article 53 - General requirements
- inserted Article 54 - Transaction/settlement instruction (Flow) records
- inserted Article 55 - Position (Stock) records
- inserted Article 56 - Ancillary Services Records
- inserted Article 57 - Business Records
- inserted Article 58 - Additional records
Chapter IX
- inserted Article 59 - General reconciliation measures
- inserted Article 60 - Reconciliation measures for corporate actions
- inserted Article 61 - Reconciliation measures for the registrar model
- inserted Article 62 - Reconciliation measures for the transfer agent model
- inserted Article 63 - Reconciliation measures for the common depository model
- inserted Article 64 - Additional measures where other entities are involved in the reconciliation process
- inserted Article 65 - Problems related to reconciliation
Chapter X › Section 1
- inserted Article 66 - General operational risks and their assessment
- inserted Article 67 - Operational risks that may be posed by key participants
- inserted Article 68 - Operational risks that may be posed by critical utilities and critical service providers
- inserted Article 69 - Operational risks that may be posed by other CSDs or market infrastructures
Chapter X › Section 2
- inserted Article 70 - Operational risk-management system and framework
- inserted Article 71 - Integration of and compliance with the operational and enterprise risk-management system
- inserted Article 72 - Operational risk-management function
- inserted Article 73 - Audit and testing
- inserted Article 74 - Mitigation of operational risk through insurance
Chapter X › Section 3
- inserted Article 75 - IT tools
Chapter X › Section 4
- inserted Article 76 - Strategy and policy
- inserted Article 77 - Business impact analysis
- inserted Article 78 - Disaster recovery
- inserted Article 79 - Testing and monitoring
- inserted Article 80 - Maintenance
Chapter XI
- inserted Article 81 - Highly liquid instruments with minimal market and credit risk
- inserted Article 82 - Appropriate timeframe for access to assets
- inserted Article 83 - Concentration limits to individual entities
Chapter XII
- inserted Article 84 - Conditions for the adequate protection of linked CSDs and of their participants
- inserted Article 85 - Monitoring and management of additional risks resulting from the use of indirect links or intermediaries to operate CSD links
- inserted Article 86 - Reconciliation procedures for linked CSDs
- inserted Article 87 - DVP settlement through CSD links
Chapter XIII › Section 1
Chapter XIII
Chapter XIII › Section 2
- inserted Article 90 - Procedure
Chapter XIV
- inserted Article 91 - CSDs offering banking-type ancillary services themselves
- inserted Article 92 - CSDs offering banking-type ancillary services through a designated credit institution
- inserted Article 93 - Specific requirements
- inserted Article 94 - Standard forms and templates for the application
Chapter XV
- inserted Article 95 - Transitional provisions
- inserted Article 96 - Entry into force and application
Outside any heading
- inserted Recital 1
- inserted Recital 2
- inserted Recital 3
- inserted Recital 4
- inserted Recital 5
- inserted Recital 6
- inserted Recital 7
- inserted Recital 8
- inserted Recital 9
- inserted Recital 10
- inserted Recital 11
- inserted Recital 12
- inserted Recital 13
- inserted Recital 14
- inserted Recital 15
- inserted Recital 16
- inserted Recital 17
- inserted Recital 18
- inserted Recital 19
- inserted Recital 20
- inserted Recital 21
- inserted Recital 22
- inserted Recital 23
- inserted Recital 24
- inserted Recital 25
- inserted Recital 26
- inserted Recital 27
- inserted Recital 28
- inserted Recital 29
- inserted Recital 30
- inserted Recital 31
- inserted Recital 32
- inserted Recital 33
- inserted Recital 34
- inserted Recital 35
- inserted Recital 36
- inserted Recital 37
- inserted Recital 38
- inserted Recital 39
- inserted Recital 40
- inserted Recital 41
- inserted Recital 42
- inserted Recital 43
- inserted Recital 44
- inserted Recital 45
- inserted Recital 46
- inserted Recital 47
- inserted Recital 48
- inserted Recital 49
- inserted Recital 50
- inserted Recital 51
- inserted Recital 52
- inserted Recital 53
- inserted Recital 54
- inserted Recital 55
- inserted Recital 56
- inserted Recital 57
- inserted Recital 58
- inserted Recital 59
- inserted Recital 60
- inserted Preamble
- inserted Annex I
- inserted Annex II
- inserted Annex III