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Article 71 - Amendments to Directive 2014/65/EU
Directive 2014/65/EU is amended as follows:
(1)
in Article 2(1), point (o) is replaced by the following: CSDs except as provided for in 2014 of the European Parliament and of the Council.
(2)
in Article 4(1), the following point is added: ‘central securities depository’ or ‘CSD’ means a central securities depository as defined in point (1) of 2014.’;
(3)
in Section B of Annex I, point (1) is replaced by the following: Safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management and excluding providing and maintaining securities accounts at the top tier level (‘central maintenance service’) referred to in point (2) of Section A of the Annex to the Regulation (EU) No 909/2014.’.