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🔗 Back to Summary. 🇫🇷 French Version: 2017R0589_FR.4. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 3 – Staffing ⬅️ | ➡️ Article 5 – General methodology
Références LVL1 <=> LVL2
Level 1 reference(s): 2014L0065_EN.17 > 1
Article 4 - IT outsourcing and procurement
1.
An investment firm shall remain fully responsible for its obligations under this Regulation where it outsources or procures software or hardware used in algorithmic trading activities.
2.
An investment firm shall have sufficient knowledge and the necessary documentation to ensure effective compliance with paragraph 1 in relation to any procured or outsourced hardware or software used in algorithmic trading.