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Article 68 β Operational risks that may be posed by critical utilities and critical service providers β¬ οΈ | β‘οΈ Article 70 β Operational risk-management system and framework
RΓ©fΓ©rences LVL1 <=> LVL2
Level 1 reference(s): 2014R0909_EN.45
Article 69 - Operational risks that may be posed by other CSDs or market infrastructures
1.
A CSD shall ensure that its systems and communication arrangements with other CSDs or market infrastructures are reliable, secure and designed to minimise operational risks.
2.
Any arrangement that a CSD enters into with another CSD or another market infrastructures shall provide that:
(a)
the other CSD or other financial market infrastructure discloses to the CSD any critical service provider on which the other CSD or market infrastructure relies;
(b)
the governance arrangements and management processes in the other CSD or other market infrastructure do not affect the smooth provision of services by the CSD, including the risk-management arrangements and the non-discriminatory access conditions.