# Commission Delegated Regulation (EU) 2017/390 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on certain prudential requirements for central securities depositories and designated credit institutions offering banking-type ancillary services (Text with EEA relevance), Article 17: General provisions

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

1. For the purposes of the prudential requirements relating to the credit risk arising from the provision of banking-type ancillary services by a CSD-banking service provider in respect of each securities settlement system, as referred to in Article 59(3) and (5) of Regulation (EU) No 909/2014, a CSD-banking service provider shall comply with all requirements set out in this Chapter on monitoring, measuring, management, reporting and public disclosure of credit risk with regard to the following:
(a) intraday credit risk and overnight credit risk;
(b) relevant collateral and other equivalent financial resources used in relation to the risks referred to in point (a);
(c) potential residual credit exposures;
(d) reimbursement procedures and sanctioning rates.
2. For the purposes of the prudential requirements relating to the liquidity risk arising from the provision of banking-type ancillary services by a CSD-banking service provider in respect of each securities settlement system as referred to in Article 59(4) of Regulation (EU) No 909/2014, a CSD-banking service provider shall comply with all of the following:
(a) the requirements of Section 2 for the monitoring, measuring, management, reporting and public disclosure of liquidity risks;
(b) the requirements of Regulation (EU) No 575/2013 on monitoring, measuring, management, reporting and public disclosure of other liquidity risks than those covered by point (a).

---
Source: https://www.legislation.gov.uk/eur/2017/390/article/17 (the official version)
Page: https://openlegislation.uk/eu-regulation-2017-390/article-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.