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  4. CSDR

CSDR

Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012

  • CSDR
    • Recital
    • TITLE I SUBJECT MATTER, SCOPE AND DEFINITIONS
      • Article 1 Subject matter and scope
      • Article 2 Definitions
    • TITLE II SECURITIES SETTLEMENT
      • CHAPTER I Book-entry form
        • Article 3 Book-entry form
        • Article 4 Enforcement
      • CHAPTER II Settlement periods
        • Article 5 Intended settlement date
      • CHAPTER III Settlement discipline
        • Article 6 Measures to prevent settlement fails
        • Article 7 Measures to address settlement fails
        • Article 8 Enforcement
      • CHAPTER IV Internalised settlement
        • Article 9 Settlement internalisers
    • TITLE III CENTRAL SECURITIES DEPOSITORIES
      • CHAPTER I Authorisation and supervision of CSDs
        • Section 1 Authorities responsible for authorisation and supervision of CSDs
          • Article 10 Competent authority
          • Article 11 Designation of the competent authority
          • Article 12 Relevant authorities
          • Article 13 Exchange of information
          • Article 14 Cooperation between authorities
          • Article 15 Emergency situations
        • Section 2 Conditions and procedures for authorisation of CSDs
          • Article 16 Authorisation of a CSD
          • Article 17 Procedure for granting authorisation
          • Article 18 Effects of the authorisation
          • Article 19 Extension and outsourcing of activities and services
          • Article 20 Withdrawal of authorisation
          • Article 21 CSD register
        • Section 3 Supervision of CSDs
          • Article 22 Review and evaluation
        • Section 4 Provision of services in another member state
          • Article 23 Freedom to provide services in another Member State
          • 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
          • Article 25 Third countries
      • CHAPTER II Requirements for CSDs
        • Section 1 Organisational requirements
          • Article 26 General provisions
          • Article 27 Senior management, management body and shareholders
          • Article 28 User committee
          • Article 29 Record keeping
          • Article 30 Outsourcing
          • Article 31 Services provided by parties other than CSDs
        • Section 2 Conduct of business rules
          • Article 32 General provisions
          • Article 33 Requirements for participation
          • Article 34 Transparency
          • Article 35 Communication procedures with participants and other market infrastructures
        • Section 3 Requirements for CSD services
          • Article 36 General provisions
          • Article 37 Integrity of the issue
          • Article 38 Protection of securities of participants and those of their clients
          • Article 39 Settlement finality
          • Article 40 Cash settlement
          • Article 41 Participant default rules and procedures
        • Section 4 Prudential requirements
          • Article 42 General requirements
          • Article 43 Legal risks
          • Article 44 General business risk
          • Article 45 Operational risks
          • Article 46 Investment policy
          • Article 47 Capital requirements
        • Section 5 Requirements for CSD links
          • Article 48 CSD links
      • CHAPTER III Access to CSDs
        • Section 1 Access of issuers to CSDs
          • Article 49 Freedom to issue in a CSD authorised in the Union
        • Section 2 Access between CSDs
          • Article 50 Standard link access
          • Article 51 Customised link access
          • Article 52 Procedure for CSD links
        • Section 3 Access between a CSD and another market infrastructure
          • Article 53 Access between a CSD and another market infrastructure
    • TITLE IV PROVISION OF BANKING-TYPE ANCILLARY SERVICES FOR CSD PARTICIPANTS
      • Article 54 Authorisation and designation to provide banking-type ancillary services
      • Article 55 Procedure for granting and refusing authorisation to provide banking-type ancillary services
      • Article 56 Extension of the banking-type ancillary services
      • Article 57 Withdrawal of authorisation
      • Article 58 CSD register
      • Article 59 Prudential requirements applicable to credit institutions or CSDs authorised to provide banking-type ancillary services
      • Article 60 Supervision of designated credit institutions and CSDs authorised to provide banking-type ancillary services
    • TITLE V SANCTIONS
      • Article 61 Administrative sanctions and other measures
      • Article 62 Publication of decisions
      • Article 63 Sanctions for infringements
      • Article 64 Effective application of sanctions
      • Article 65 Reporting of infringements
      • Article 66 Right of appeal
    • TITLE VI DELEGATION OF POWER, IMPLEMENTING POWERS, TRANSITIONAL, AMENDING AND FINAL PROVISIONS
      • Article 67 Exercise of the delegation
      • Article 68 Committee procedure
      • Article 69 Transitional provisions
      • Article 70 Amendments to Directive 98/26/EC
      • Article 71 Amendments to Directive 2014/65/EU
      • Article 72 Amendment to Regulation (EU) No 236/2012
      • Article 73 Application of Directive 2014/65/EU and Regulation (EU) No 600/2014
      • Article 74 Reports
      • Article 75 Review
      • Article 76 Entry into force and application
    • ANNEX
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