{
  "url": "https://openlegislation.uk/eu-regulation-2017-392",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-392.json",
  "id": "eur/2017/392",
  "title": "Commission Delegated Regulation (EU) 2017/392 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 authorisation, supervisory and operational requirements for central securities depositories (Text with EEA relevance)",
  "short_title": "Regulation (EU) 2017/392 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the…",
  "long_title": "Commission Delegated Regulation (EU) 2017/392 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 authorisation, supervisory and operational requirements for central securities depositories (Text with EEA relevance)",
  "citation": "EU Regulation 2017/392",
  "type": "eur",
  "year": "2017",
  "number": "392",
  "version": "current",
  "date": "2016-11-11",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 1,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/I",
      "kind": "chapter",
      "number": "I",
      "heading": "GENERAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Definitions",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-1",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "chapter/II",
      "kind": "chapter",
      "number": "II",
      "heading": "DETERMINATION OF THE MOST RELEVANT CURRENCIES AND PRACTICAL ARRANGEMENTS FOR THE CONSULTATION OF THE RELEVANT COMPETENT AUTHORITIES",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Determination of most relevant currencies",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-2",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II"
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Practical arrangements for the consultation of the relevant authorities referred to in Article 12(1)(b) and (c) of Regulation (EU) No 909/2014",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-3",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II"
    },
    {
      "path": "chapter/III",
      "kind": "chapter",
      "number": "III",
      "heading": "AUTHORISATION OF CSDs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/III/section/1",
      "kind": "section",
      "number": "1",
      "heading": "General information on applicant CSDs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Identification and legal status of applicant CSDs",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-4",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "General information concerning policies and procedures",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-5",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Information concerning services and activities of the CSD",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-6",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Information concerning groups",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-7",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/1"
    },
    {
      "path": "chapter/III/section/2",
      "kind": "section",
      "number": "2",
      "heading": "Financial resources for the provision of services by the applicant CSD",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Financial reports, business plan, and recovery plan",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-8",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/2"
    },
    {
      "path": "chapter/III/section/3",
      "kind": "section",
      "number": "3",
      "heading": "Organisational requirements",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Organisational chart",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-9",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/10",
      "kind": "article",
      "number": "10",
      "heading": "Staffing policies and procedures",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-10",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Risk monitoring tools and governance arrangements",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-11",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Compliance, internal control and internal audit functions",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-12",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Senior management, management body and shareholders",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-13",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/14",
      "kind": "article",
      "number": "14",
      "heading": "Management of conflicts of interest",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-14",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "Confidentiality",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-15",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "User committee",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-16",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Record-keeping",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-17",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/3"
    },
    {
      "path": "chapter/III/section/4",
      "kind": "section",
      "number": "4",
      "heading": "Conduct of business rules",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "Goals and objectives",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-18",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/4"
    },
    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "Handling of complaints",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-19",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/4"
    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Requirements for participation",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-20",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/4"
    },
    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Transparency",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-21",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/4"
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Communication procedures with participants and other market infrastructures",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-22",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/4"
    },
    {
      "path": "chapter/III/section/5",
      "kind": "section",
      "number": "5",
      "heading": "Requirements for services provided by CSDs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/23",
      "kind": "article",
      "number": "23",
      "heading": "Book-entry form",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-23",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/24",
      "kind": "article",
      "number": "24",
      "heading": "Intended settlement dates and measures for preventing and addressing settlement fails",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-24",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/25",
      "kind": "article",
      "number": "25",
      "heading": "Integrity of the issue",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-25",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/26",
      "kind": "article",
      "number": "26",
      "heading": "Protection of participants' and their clients' securities",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-26",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/27",
      "kind": "article",
      "number": "27",
      "heading": "Settlement finality",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-27",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/28",
      "kind": "article",
      "number": "28",
      "heading": "Cash settlement",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-28",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/29",
      "kind": "article",
      "number": "29",
      "heading": "Participant default rules and procedures",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-29",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "article/30",
      "kind": "article",
      "number": "30",
      "heading": "Transfer of participants and clients' assets in case of a withdrawal of authorisation",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-30",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/5"
    },
    {
      "path": "chapter/III/section/6",
      "kind": "section",
      "number": "6",
      "heading": "Prudential requirements",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/31",
      "kind": "article",
      "number": "31",
      "heading": "Legal risks",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-31",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/6"
    },
    {
      "path": "article/32",
      "kind": "article",
      "number": "32",
      "heading": "General business risks",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-32",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/6"
    },
    {
      "path": "article/33",
      "kind": "article",
      "number": "33",
      "heading": "Operational risks",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-33",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/6"
    },
    {
      "path": "article/34",
      "kind": "article",
      "number": "34",
      "heading": "Investment policy",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-34",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/6"
    },
    {
      "path": "article/35",
      "kind": "article",
      "number": "35",
      "heading": "Capital requirements",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-35",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/6"
    },
    {
      "path": "chapter/III/section/7",
      "kind": "section",
      "number": "7",
      "heading": null,
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/36",
      "kind": "article",
      "number": "36",
      "heading": "CSD links",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-36",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/7"
    },
    {
      "path": "chapter/III/section/8",
      "kind": "section",
      "number": "8",
      "heading": "Access to CSDs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/37",
      "kind": "article",
      "number": "37",
      "heading": "Access rules",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-37",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/8"
    },
    {
      "path": "chapter/III/section/9",
      "kind": "section",
      "number": "9",
      "heading": "Additional information",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/38",
      "kind": "article",
      "number": "38",
      "heading": "Request for additional information",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-38",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III/section/9"
    },
    {
      "path": "chapter/IV",
      "kind": "chapter",
      "number": "IV",
      "heading": "PARTICIPATION OF CSDs IN CERTAIN ENTITIES",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/39",
      "kind": "article",
      "number": "39",
      "heading": "Criteria for participation of a CSD",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-39",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IV"
    },
    {
      "path": "chapter/V",
      "kind": "chapter",
      "number": "V",
      "heading": "REVIEW AND EVALUATION",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/40",
      "kind": "article",
      "number": "40",
      "heading": "Information to be provided to the competent authority",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-40",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "article/41",
      "kind": "article",
      "number": "41",
      "heading": "Periodic information relevant for the reviews",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-41",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "article/42",
      "kind": "article",
      "number": "42",
      "heading": "Statistical data to be delivered for each review and evaluation",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-42",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "article/43",
      "kind": "article",
      "number": "43",
      "heading": "Other information",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-43",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "article/44",
      "kind": "article",
      "number": "44",
      "heading": "Information to be supplied to the authorities referred to in Article 22(7) of Regulation (EU) No 909/2014",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-44",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "article/45",
      "kind": "article",
      "number": "45",
      "heading": "Exchange of information between the competent authorities referred to in Article 22(8) of Regulation (EU) No 909/2014",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-45",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "chapter/VI",
      "kind": "chapter",
      "number": "VI",
      "heading": "RECOGNITION OF A THIRD-COUNTRY CSD",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/46",
      "kind": "article",
      "number": "46",
      "heading": "Content of the application",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-46",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VI"
    },
    {
      "path": "chapter/VII",
      "kind": "chapter",
      "number": "VII",
      "heading": "RISK MONITORING TOOLS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/47",
      "kind": "article",
      "number": "47",
      "heading": "Risk monitoring tools of CSDs",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-47",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "article/48",
      "kind": "article",
      "number": "48",
      "heading": "Risk monitoring committees",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-48",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "article/49",
      "kind": "article",
      "number": "49",
      "heading": "Responsibilities of key personnel in respect to the risks",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-49",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "article/50",
      "kind": "article",
      "number": "50",
      "heading": "Conflicts of interest",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-50",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "article/51",
      "kind": "article",
      "number": "51",
      "heading": "Audit methods",
      "url": "https://openlegislation.uk/eu-regulation-2017-392/article-51",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "article/52",
      "kind": "article",
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      "status": null,
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      "status": null,
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      "status": null,
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    "source_url": "https://www.legislation.gov.uk/eur/2017/392",
    "retrieved_at": "2026-11-01T14:45:08.676264+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."
}