Subject Matter
Provision of banking-type ancillary services
Question
(a) Which are the participants’ competent authorities responsible for the supervision of the participants of the CSD that are established in the three Member States with the largest settlement values in the CSD’s securities settlement system pursuant to Article 55(4)(e) of
CSDR?
(b) How should the values referred to in Article 54(5) of CSDR be calculated?
(c) Article 55(4)(e) of CSDR requires the competent authority of a CSD to calculate the settlement values of each participant of that CSD over a one-year period and to aggregate them by Member State in order to identify the top three Member States. How should those settlement values be determined?
CSDR?
(b) How should the values referred to in Article 54(5) of CSDR be calculated?
(c) Article 55(4)(e) of CSDR requires the competent authority of a CSD to calculate the settlement values of each participant of that CSD over a one-year period and to aggregate them by Member State in order to identify the top three Member States. How should those settlement values be determined?
Level 1 Regulation
Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR