{
  "url": "https://openlegislation.uk/eu-decision-2011-20/annex/division-I",
  "json_url": "https://openlegislation.uk/eu-decision-2011-20/annex/division-I.json",
  "legislation": "eudn/2011/20",
  "legislation_title": "Decision of the European Central Bank of 16 November 2011 establishing detailed rules and procedures for implementing the eligibility criteria for central securities depositories to access TARGET2-Securities services (ECB/2011/20) (2011/789/EU)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2011-20",
  "path": "annex/division/I",
  "kind": "division",
  "number": "I",
  "heading": "Implementation details for CSD access criterion 1",
  "text": "In order to receive a positive assessment against this criterion:\n(a) for a CSD located in a European Economic Area (EEA) country, the CSD must be included on the list of designated systems maintained in accordance with Article 10 of Directive 98/26/EC; and\n(b) for a CSD located in a non-EEA country, a legal opinion, as updated from time to time when there are material changes that might have an impact on the legal opinion or when requested by the MIB, from a firm approved by the MIB must be submitted, confirming that the CSD operates under a legal and regulatory framework equivalent to the relevant one in force in the Union.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Substituted by Decision (EU) 2019/1006 of the European Central Bank of 7 June 2019 amending Decision ECB/2011/20 establishing detailed rules and procedures for implementing the eligibility criteria for central securities depositories to access TARGET2-Securities services (ECB/2019/15)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2011/20/annex/division/I",
    "retrieved_at": "2026-11-01T15:15:54.344774+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}