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🔗 Back to Summary. 🇫🇷 French Version: 2017R0392_FR.60. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 59 – General reconciliation measures ⬅️ | ➡️ Article 61 – Reconciliation measures for the registrar model
Références LVL1 <=> LVL2
Level 1 reference(s): 2014R0909_EN.37 > 4
Article 60 - Reconciliation measures for corporate actions
1.
A CSD shall not determine the entitlements to the proceeds of a corporate action on stock that would change the balance of securities accounts maintained by the CSD until the reconciliation measures specified in Article 59 and in Articles 61, 62 and 63 are completed.
2.
When a corporate action has been processed, a CSD shall ensure that all securities accounts maintained by the CSD, centrally or not centrally, are updated.