# 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 (Text with EEA relevance), Article 4: Enforcement

Extent: E+W+S+N.I.

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. The competent authority shall ensure that the first sub-paragraph of Article 3(2) of this Regulation is applied where transferable securities are admitted to trading or traded on UK trading venues.
3. The competent authority shall ensure that the second sub-paragraph of Article 3(2) of this Regulation is applied where transferable securities admitted to trading or traded on UK trading venues are transferred following a financial collateral arrangement.

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Source: https://www.legislation.gov.uk/eur/2014/909/article/4 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-909/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.