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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Article 88 Receiving and requesting parties

A1. For the purposes of this Chapter:

(a)references to a CSD in relation to a request from an issuer in accordance with Articles 49(1) or 49(2) of Regulation (EU) No 909/2014 shall include a third-country CSD recognised under Article 25 of that Regulation; and

(b) references to the competent authority of such a CSD shall be read as references to the competent authority responsible for recognition under Article 25 of Regulation (EU) No 909/2014; and

(c)references to a securities settlement system operated by such a CSD shall be read as references to an SSS as defined in point (10A) of Article 2(1) of Regulation (EU) No 909/2014.

1. For the purposes of this Chapter, a receiving party shall include one of the following entities:

(a) a receiving CSD as defined in point (5) of Article 2(1) of Regulation (EU) No 909/2014, in respect of paragraphs 1, 4, 9, 13 and 14 of Article 89 and Article 90 of this Regulation;