For the purposes of monitoring intraday credit risk, a CSD- banking service provider shall, in particular:

1. (a)

   monitor on an ongoing basis, through an automatic reporting system, the intraday credit exposures arising from the banking-type ancillary services referred to in Section C of the Annex to Regulation (EU) No 909/2014;

2. (b)

   maintain, for a period of at least 10 years, a record of the daily intraday peak and average intraday credit exposures arising from banking-type ancillary services referred to in Section C of the Annex to Regulation (EU) No 909/2014;

3. (c)

   record the intraday credit exposures stemming from each entity on which intraday credit exposures are incurred, including the following:

   1. (i)

      issuers;

   2. (ii)

      participants to the securities settlement system operated by a CSD, at entity and group levels;

   3. (iii)

      CSDs with interoperable links;

   4. (iv)

      banks and other financial institutions used to make or receive payments;

4. (d)

   fully describe how the credit risk management framework takes into account the interdependencies and the multiple relationships that a CSD-banking service provider may have with each of the entities referred to in point (c);

5. (e)

   specify, for each counterparty, how the CSD-banking service provider monitors the concentration of its intraday credit exposures, including its exposures to the entities of the groups comprising the entities listed in point (c);

6. (f)

   specify how the CSD-banking service provider assesses the adequacy of the haircuts applied to the collateral collected;

7. (g)

   specify how the CSD-banking service provider monitors the collateral coverage of the credit exposures and the coverage of credit exposures with other equivalent financial resources.