Info
🔗 Back to Summary. 🇫🇷 French Version: 2017R0392_FR.61. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 60 – Reconciliation measures for corporate actions ⬅️ | ➡️ Article 62 – Reconciliation measures for the transfer agent model
Références LVL1 <=> LVL2
Level 1 reference(s): 2014R0909_EN.37 > 4
Article 61 - Reconciliation measures for the registrar model
Where a registrar, issuance agent, or other similar entity is involved in the reconciliation process for a certain securities issue in accordance with 2014, and maintains records of securities which are also recorded in the CSD, the measures to be taken by the CSD and that entity to ensure the overall integrity of the issue shall include a daily reconciliation of the total balance recorded on the securities accounts maintained by the CSD with the corresponding records of securities maintained by that entity. The CSD and that entity shall also conduct:
(a)
where the securities have been transferred during a given business day, an end-of-day reconciliation of the balance of each securities account maintained by the CSD with the balance of the corresponding record of securities maintained by that entity;
(b)
at least once every two weeks, a full reconciliation of all balances in a securities issue with all balances on the corresponding record of securities maintained by that entity.