Open on EUR-Lex ↗

Recital 29

Recital 29

(29)Regulation (EU) No 909/2014 does not contain specific requirements applying in the case of an acquisition of, or increase in, qualifying holdings in the capital of CSDs. Such requirements, including as regards the procedures to be followed, should therefore be introduced in order to ensure the consistent application of requirements regarding the shareholding structure of a CSD, similar to provisions laid down in Regulation (EU) No 648/2012 and Directive 2013/36/EU. ESMA should develop guidelines on the assessment of the suitability of any person who will direct the business of the CSD, as well as on the procedural rules and evaluation criteria for the prudential assessment of direct or indirect acquisitions of, and increases in, holdings in CSDs.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
4 queries · page built in 4 msInventory f82bbfa3