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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
This version in force from: 31 December 2020

Article 52 Sharing audit findings with the user committee

1. A CSD shall share audit findings with the user committee in any of the following cases:

(a) where the findings relate to the criteria for accepting issuers or users to their respective securities settlement systems operated by the CSDs;

(b) where the findings relate to any other aspect of the user committee's mandate;

(c) where the findings may impact the level of provision of services by a CSD, including ensuring business continuity.

2. Members of the user committee shall not be provided with information that may place those members at a competitive advantage.