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🔗 Back to Summary. 🇫🇷 French Version: 2025R1143_FR.17. Back to Summary of LVL1. Direct link to EUR-LEX.
Article 16 – Information on ownership ⬅️ | ➡️ Article 18 – Information on corporate governance
References LVL1 <=> LVL2
Level 1 reference(s): 2014R0600_EN.27da > 2#d
Article 17 - Information on the organisation
1.
An applicant seeking authorisation to operate a CT pursuant to Article 27db of Regulation (EU) No 600/2014 shall include in its application for authorisation the following information on the organisation:
(a)
information on the organisational structure of the applicant, including an organisational chart and a description of the human, technical and legal resources allocated to its business activities;
(b)
information on the operational separation policies and procedures to ensure segregation between the CTP and any other activities performed by the applicant;
(c)
information on the compliance policies and procedures of the CTP, including:
(i)
the name of the person or persons responsible for the approval and maintenance of those policies;
(ii)
the arrangements to monitor and enforce the compliance policies and procedures;
(iii)
the measures to be undertaken in the event of a breach which may result in a failure to meet the conditions for initial authorisation;
(iv)
a description of the procedure for reporting to ESMA any breach which may result in a failure to meet the conditions for initial authorisation;
(d)
a list of all outsourced functions and resources allocated to the control of the outsourced functions.
2.
A CTP offering services other than data reporting services shall describe those services in the organisational chart provided under paragraph 1, point (a).