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Article 27 - Information on record keeping arrangements (Article 27da(2), point (k), of Regulation (EU) No 600/2014)

Article 27
Information on record keeping arrangements (Article 27da(2), point (k), of Regulation (EU) No 600/2014)

An applicant seeking authorisation to operate a CT pursuant to Article 27db of Regulation (EU) No 600/2014 shall provide ESMA with information on the arrangements adopted to ensure that:

((a))

each key stage of the CTP business may be reconstituted;

((b))

the original content of a record related to its business in accordance with Article 27ha(3) of Regulation (EU) No 600/2014 before any corrections or other amendments may be recorded, traced and retrieved;

((c))

measures to prevent unauthorised alteration of such records are in place;

((d))

the data recorded are secured and confidential;

((e))

a mechanism for identifying and correcting errors is incorporated in the record keeping system;

((f))

in the case of a system failure, the records are timely recovered.

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