Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Published date: 28 August 2014
    Version 1 of 1    

Regulation 909/2014/EU - Central Securities Depositories Regulation (CSDR)

Recitals
Title I Subject Matter, Scope and Definitions (arts. 1-2)
Entered into force
Article 1 Subject matter and scope
Entered into force
Article 2 Definitions
Title II Securities settlement (arts. 3-9)
Chapter I Book-entry form (arts. 3-4)
Entered into force
Article 3 Book-entry form
Entered into force
Article 4 Enforcement
Chapter II Settlement periods (art. 5)
Applicable
Article 5 Intended settlement date
Chapter III Settlement discipline (arts. 6-8)
Entered into force
Article 6 Measures to prevent settlement fails
Entered into force
Article 7 Measures to address settlement fails
Entered into force
Article 8 Enforcement
Chapter IV Internalised settlement (art. 9)
Entered into force
Article 9 Settlement internalisers
Title III Central securities depositories (arts. 10-53)
Chapter I Authorisation and supervision of CSDs (arts. 10-25)
Section 1 Authorities responsible for authorisation and supervision of CSDs (arts. 10-15)
Entered into force
Article 10 Competent authority
Entered into force
Article 11 Designation of the competent authority
Entered into force
Article 12 Relevant authorities
Entered into force
Article 13 Exchange of information
Entered into force
Article 14 Cooperation between authorities
Entered into force
Article 15 Emergency situations
Section 2 Conditions and procedures for authorisation of CSDs (arts. 16-21)
Entered into force
Article 16 Authorisation of a CSD
Entered into force
Article 17 Procedure for granting authorisation
Entered into force
Article 18 Effects of the authorisation
Entered into force
Article 19 Extension and outsourcing of activities and services
Entered into force
Article 20 Withdrawal of authorisation
Entered into force
Article 21 CSD register
Section 3 Supervision of CSDs (art. 22)
Entered into force
Article 22 Review and evaluation
Section 4 Provision of services in another member state (arts. 23-24)
Entered into force
Article 23 Freedom to provide services in another Member State
Entered into force
Article 24 Cooperation between authorities of the home Member State and of the host Member State and peer review
Section 5 Relations with third countries (art. 25)
Entered into force
Article 25 Third countries
Chapter II Requirements for CSDs (arts. 26-48)
Section 1 Organisational requirements (arts. 26-31)
Entered into force
Article 26 General provisions
Entered into force
Article 27 Senior management, management body and shareholders
Entered into force
Article 28 User committee
Entered into force
Article 29 Record keeping
Entered into force
Article 30 Outsourcing
Entered into force
Article 31 Services provided by parties other than CSDs
Section 2 Conduct of business rules (arts. 32-35)
Entered into force
Article 32 General provisions
Entered into force
Article 33 Requirements for participation
Entered into force
Article 34 Transparency
Entered into force
Article 35 Communication procedures with participants and other market infrastructures
Section 3 Requirements for CSD services (arts. 36-41)
Entered into force
Article 36 General provisions
Entered into force
Article 37 Integrity of the issue
Entered into force
Article 38 Protection of securities of participants and those of their clients
Entered into force
Article 39 Settlement finality
Entered into force
Article 40 Cash settlement
Entered into force
Article 41 Participant default rules and procedures
Section 4 Prudential requirements (arts. 42-47)
Entered into force
Article 42 General requirements
Entered into force
Article 43 Legal risks
Entered into force
Article 44 General business risk
Entered into force
Article 45 Operational risks
Entered into force
Article 46 Investment policy
Entered into force
Article 47 Capital requirements
Section 5 Requirements for CSD links (art. 48)
Entered into force
Article 48 CSD links
Chapter III Access to CSDs (arts. 49-53)
Section 1 Access of issuers to CSDs (art. 49)
Entered into force
Article 49 Freedom to issue in a CSD authorised in the Union
Section 2 Access between CSDs (arts. 50-52)
Entered into force
Article 50 Standard link access
Entered into force
Article 51 Customised link access
Entered into force
Article 52 Procedure for CSD links
Section 3 Access between a CSD and another market infrastructure (art. 53)
Entered into force
Article 53 Access between a CSD and another market infrastructure
Title IV Provision of banking-type ancillary services for CSD participants (arts. 54-60)
Amended
Article 54 Authorisation and designation to provide banking-type ancillary services
Entered into force
Article 55 Procedure for granting and refusing authorisation to provide banking-type ancillary services
Entered into force
Article 56 Extension of the banking-type ancillary services
Entered into force
Article 57 Withdrawal of authorisation
Entered into force
Article 58 CSD register
Entered into force
Article 59 Prudential requirements applicable to credit institutions or CSDs authorised to provide banking-type ancillary services
Entered into force
Article 60 Supervision of designated credit institutions and CSDs authorised to provide banking-type ancillary services
Title V Sanctions (arts. 61-66)
Entered into force
Article 61 Administrative sanctions and other measures
Entered into force
Article 62 Publication of decisions
Entered into force
Article 63 Sanctions for infringements
Entered into force
Article 64 Effective application of sanctions
Entered into force
Article 65 Reporting of infringements
Entered into force
Article 66 Right of appeal
Title VI Delegation of Power, Implementing Powers, Transitional, Amending and Final Provisions (arts. 67-76)
Entered into force
Article 67 Exercise of the delegation
Entered into force
Article 68 Committee procedure
Entered into force
Article 69 Transitional provisions
Entered into force
Article 70 Amendments to Directive 98/26/EC
Entered into force
Article 71 Amendments to Directive 2014/65/EU
Entered into force
Article 72 Amendment to Regulation (EU) No 236/2012
Entered into force
Article 73 Application of Directive 2014/65/EU and Regulation (EU) No 600/2014
Entered into force
Article 74 Reports
Entered into force
Article 75 Review
Amended
Article 76 Entry into force and application
Annex - List of services
Entered into force
Annex, Section A Core services of central securities depositories
Entered into force
Annex, Section B Non-banking-type ancillary services of CSDs that do not entail credit or liquidity risks
Entered into force
Annex, Section C Banking-type ancillary services
Done at