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Article 4 - Changes to the CCP’s operational systems and infrastructure

Article 4
Changes to the CCP’s operational systems and infrastructure

Where the measures to be adopted to restore the CCP’s long-term viability include changes to the CCP’s operational systems and infrastructure as referred to in Article 37(3), point (b), of Regulation (EU) 2021/23, the description referred to in Article 2(1) of this Regulation shall include the following elements:

((a))

a presentation of the main operational systems and infrastructure identified that would be impacted by the business reorganisation plan and how they are to be impacted;

((b))

a presentation of any changes envisaged to the organisation of the CCP;

((c))

a presentation of the changes to the structure of the CCP’s ownership and any changes to the managers’ incentive structures;

((d))

where relevant, a presentation of the changes to the CCP’s governance, organisation and employees.

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