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Section 1 Organisational requirements (arts. 26-31) |
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Article 26 General provisions |
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Article 27 Senior management, management body and shareholders |
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Article 27a Information to competent authorities |
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Article 27b Assessment |
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Article 27c Derogation for CSDs providing banking-type ancillary services |
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Article 28 User committee |
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Article 29 Record keeping |
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Article 30 Outsourcing |
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Article 31 Services provided by parties other than CSDs |
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Section 2 Conduct of business rules (arts. 32-35) |
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Article 32 General provisions |
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Article 33 Requirements for participation |
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Article 34 Transparency |
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Article 35 Communication procedures with participants and other market infrastructures |
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Section 3 Requirements for CSD services (arts. 36-41) |
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Article 36 General provisions |
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Article 37 Integrity of the issue |
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Article 38 Protection of securities of participants and those of their clients |
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Article 39 Settlement finality |
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Article 40 Cash settlement |
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Article 41 Participant default rules and procedures |
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Section 4 Prudential requirements (arts. 42-47 and draft art. 47a) |
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Article 42 General requirements |
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Article 43 Legal risks |
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Article 44 General business risk |
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Article 45 Operational risks |
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Article 46 Investment policy |
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Article 47 Capital requirements |
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Article 47a Deferred net settlement |
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Section 5 Requirements for CSD links (art. 48) |
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Article 48 CSD links |
