+Article 49 4

Article 49 4

4.   Any suspension under paragraph 1 shall not apply to payment and delivery obligations owed to the following:

(a)

systems and operators of systems designated in accordance with Directive 98/26/EC;

(b)

CCPs authorised in the Union pursuant to Article 14 of Regulation (EU) No 648/2012 and third-country CCPs recognised by ESMA pursuant to Article 25 of that Regulation.

1. Forbhreathnú

,

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin