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🔗 Back to Summary. 🇫🇷 French Version: 2018R1229_FR.37. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 36 – Extension periods ⬅️ | ➡️ Article 38 – Duration of deferral of the execution of a buy-in
Références LVL1 <=> LVL2
Level 1 reference(s): 2014R0909_EN.5 > 1
Article 37 - Timeframes for the delivery of financial instruments
Following the buy-in process, the financial instruments referred to in the first subparagraph of 2014 shall be delivered to the receiving participants which are acting on behalf of the CCP, the receiving clearing members, the trading venue members or the trading parties, within the following timeframes:
(a)
four business days after the extension period referred to in Article 36 for shares that have a liquid market;
(b)
seven business days after the extension period referred to in Article 36 for financial instruments other than shares that have a liquid market;
(c)
seven business days after the extension period referred to in the second subparagraph of 2014 for financial instruments traded on SME growth markets;
(d)
where shares referred to in point (a) are traded on SME growth markets, point (c) shall apply.