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+Article 20 1. |
Article 20 1.Without prejudice to Article 22(3), a CCP’s competent authority shall withdraw authorisation, in full or in part, where the CCP:
(a)
has not made use of the authorisation within 12 months;
(b)
has not made use of an authorisation for a clearing service or activity in a class of derivatives, securities, other financial instruments or non-financial instruments, within 12 months of the date when the authorisation was granted or of the date when the CCP last offered such clearing service or activity;
(c)
expressly renounces the authorisation;
(d)
has provided no services or performed no activity for the preceding 12 months in a class of derivatives, securities, other financial instruments or non-financial instruments covered by an authorisation;
(e)
has obtained authorisation by making false statements or by any other irregular means;
(f)
is no longer in compliance with the conditions under which authorisation was granted and has not taken the remedial action within the set timeframe; or
(g)
has seriously and systematically infringed any of the requirements laid down in this Regulation. 1. Übersicht
1.1 Referenzen1.2 Identifizierte Anforderungen1.3 Zugehörige Standards2. Identifizierte Anforderungen
3. Zugehörige Standards
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