CHAPTER IIIAUTHORISATION OF CSDs(Article 17 of Regulation (EU) No 909/2014)

SECTION 5 Requirements for services provided by CSDs

Article 30Transfer of participants and clients' assets in case of a withdrawal of authorisation

An application for authorisation shall include information concerning the procedures put in place by the applicant CSD to ensure the timely and orderly settlement and transfer of the assets of clients and participants to another CSD in the event of a withdrawal of its authorisation.