2017R0389 - Summary

COMMISSION DELEGATED REGULATION (EU) 2017/389 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council as regards the parameters for the calculation of cash penalties for settlement fails and the operations of CSDs in host Member States (Text with EEA relevance)

Info

🇫🇷 French Version: 2017R0389_FR.0. Open the PDF. Direct link to EUR-LEX.

Article 1 - Definitions
Article 2 - Calculation of cash penalties
Article 3 - Reference price of the transaction
Article 4 - Criteria for establishing the substantial importance of a CSD
Article 5 - Criteria for establishing the substantial importance of notary and central maintenance services
Article 6 - Criteria for establishing the substantial importance of settlement services
Article 7 - Determination of market values
Article 8 - Transitional provisions
Article 9 - Entry into force and application

Annex I - Penalty rates applicable to settlement fails