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Article 87 β DVP settlement through CSD links β¬ οΈ | β‘οΈ Article 89 β Risks to be taken into account by CSDs and competent authorities
RΓ©fΓ©rences LVL1 <=> LVL2
Level 1 reference(s): 2014R0909_EN.33 > 5, 2014R0909_EN.49 > 5, 2014R0909_EN.52 > 3, 2014R0909_EN.53 > 4
Article 88 - Receiving and requesting parties
1.
For the purposes of this Chapter, a receiving party shall include one of the following entities:
(a)
a receiving CSD as defined in point (5) of 2014, in respect of paragraphs 1, 4, 9, 13 and 14 of Article 89 and Article 90 of this Regulation;
(b)
a CSD which receives a request from a participant, an issuer, a central counterparty (CCP) or a trading venue to have access to its services in accordance with Articles 33(2), 49(2) and 53(1) of Regulation (EU) No 909/2014 in respect of paragraphs 1 to 3, 5 to 8 and 10 to 14 of Article 89 and Article 90 of this Regulation;
(c)
a CCP which receives a request from a CSD to have access to its transaction feeds in accordance with 2014 in respect of Article 90 of this Regulation;
(d)
a trading venue which receives a request from a CSD to have access to its transaction feeds in accordance with 2014 in respect of Article 90 of this Regulation.
2.
For the purposes of this Chapter, a requesting party shall include one of the following entities:
(a)
a requesting CSD as defined in point (6) of 2014 in respect of paragraphs 1, 4, 9 and 13 of Article 89 and Article 90 of this Regulation;
(b)
a participant, an issuer, a CCP or a trading venue which requests access to the securities settlement system operated by a CSD or to other services provided by a CSD in accordance with Articles 33(2), 49(2) and 53(1) of Regulation (EU) No 909/2014 in respect of paragraphs 1 to 3, 5 to 8 and 10 to 14 of Article 89 and Article 90 of this Regulation;
(c)
a CSD which requests access to the transaction feeds of a CCP in accordance with 2014 in respect of Article 90 of this Regulation;
(d)
a CSD which requests access to the transaction feeds of a trading venue in accordance with 2014 in respect of Article 90 of this Regulation.