CHAPTER III U.K. AUTHORISATION OF CSDs (Article 17 of Regulation (EU) No 909/2014)

SECTION 6 U.K. Prudential requirements

Article 34 U.K. Investment policy

An application for authorisation shall include evidence demonstrating that:

(a)

the applicant CSD holds its financial assets in accordance with Article 46(1), (2) and (5) of Regulation (EU) No 909/2014 and Chapter XI of this Regulation.

(b)

the investments of the applicant CSD are compliant with Article 46(3) of Regulation (EU) No 909/2014 and Chapter XI of this Regulation.