+TITLE III CENTRAL SECURITIES DEPOSITORIES
---+CHAPTER I Authorisation and supervision of CSDs
------+Section 1 Authorities responsible for authorisation and supervision of CSDs
---------+Article 10 Competent authority
---------+Article 11 Designation of the competent authority
------------+Article 11 1.
------------+Article 11 2.
------------+Article 11 3.
---------+Article 12 Relevant authorities
------------+Article 12 1.
------------+Article 12 2.
------------+Article 12 3.
---------+Article 13 Exchange of information
------------+Article 13 1.
------------+Article 13 2.
---------+Article 14 Cooperation between authorities
------------+Article 14 1.
------------+Article 14 2.
---------+Article 15 Emergency situations
------+Section 2 Conditions and procedures for authorisation of CSDs
---------+Article 16 Authorisation of a CSD
------------+Article 16 1.
------------+Article 16 2.
------------+Article 16 3.
------------+Article 16 4.
---------+Article 17 Procedure for granting authorisation
------------+Article 17 1.
------------+Article 17 2.
------------+Article 17 3.
------------+Article 17 4.
------------+Article 17 5.
------------+Article 17 6.
------------+Article 17 7.
------------+Article 17 7a.
------------+Article 17 8.
------------+Article 17 8a.
------------+Article 17 9.
------------+Article 17 10.
---------+Article 18 Effects of the authorisation
------------+Article 18 1.
------------+Article 18 2.
------------+Article 18 3.
------------+Article 18 4.
---------+Article 19 Extension and outsourcing of activities and services
------------+Article 19 1.
------------+Article 19 2.
------------+Article 19 3.
------------+Article 19 4.
------------+Article 19 5.
------------+Article 19 6.
------------+Article 19 7.
------------+Article 19 8.
---------+Article 20 Withdrawal of authorisation
------------+Article 20 1.
------------+Article 20 2.
------------+Article 20 3.
------------+Article 20 4.
------------+Article 20 5.
---------+Article 21 CSD register
------------+Article 21 1.
------------+Article 21 2.
------------+Article 21 3.
------+Section 3 Supervision of CSDs
---------+Article 22 Review and evaluation
------------+Article 22 1.
------------+Article 22 5.
------------+Article 22 6.
------------+Article 22 7.
------------+Article 22 8.
------------+Article 22 9.
------------+Article 22 10.
------------+Article 22 11.
---------+Article 22a Plans for recovery and orderly wind-down
------------+Article 22a 1.
------------+Article 22a 2.
------------+Article 22a 3.
------------+Article 22a 4.
------------+Article 22a 5.
------------+Article 22a 6.
------------+Article 22a 7.
------+Section 4 Provision of services in another member state
---------+Article 23 Freedom to provide services in another Member State
------------+Article 23 1.
------------+Article 23 2.
------------+Article 23 3.
------------+Article 23 4.
------------+Article 23 5.
------------+Article 23 6.
------------+Article 23 7.
------------+Article 23 8.
------------+Article 23 9.
------------+Article 23 10.
---------+Article 24 Cooperation between authorities of the home Member State and of the host Member State and peer review
------------+Article 24 1.
------------+Article 24 2.
------------+Article 24 3.
------------+Article 24 5.
------------+Article 24 6.
------------+Article 24 8.
---------+Article 24a College of supervisors
------------+Article 24a 1.
------------+Article 24a 2.
------------+Article 24a 3.
------------+Article 24a 4.
------------+Article 24a 5.
------------+Article 24a 6.
------------+Article 24a 7.
------------+Article 24a 8.
------------+Article 24a 9.
------------+Article 24a 10.
------------+Article 24a 11.
------------+Article 24a 12.
------------+Article 24a 13.
------+Section 5 Relations with third countries
---------+Article 25 Third countries
------------+Article 25 1.
------------+Article 25 2.
------------+Article 25 2a.
------------+Article 25 3.
------------+Article 25 4.
------------+Article 25 5.
------------+Article 25 6.
------------+Article 25 7.
------------+Article 25 8.
------------+Article 25 9.
------------+Article 25 10.
------------+Article 25 11.
------------+Article 25 12.
------------+Article 25 13.
---+CHAPTER II Requirements for CSDs
------+Section 1 Organisational requirements
---------+Article 26 General provisions
------------+Article 26 1.
------------+Article 26 2.
------------+Article 26 3.
------------+Article 26 4.
------------+Article 26 5.
------------+Article 26 6.
------------+Article 26 7.
------------+Article 26 8.
------------+Article 26 9.
---------+Article 27 Senior management, management body and shareholders
------------+Article 27 1.
------------+Article 27 2.
------------+Article 27 3.
------------+Article 27 4.
------------+Article 27 5.
------------+Article 27 6.
------------+Article 27 7.
------------+Article 27 8.
------------+Article 27 9.
------------+Article 27 10.
------------+Article 27 11.
---------+Article 27a Information to competent authorities
------------+Article 27a 1.
------------+Article 27a 2.
------------+Article 27a 3.
------------+Article 27a 4.
------------+Article 27a 5.
------------+Article 27a 6.
------------+Article 27a 7.
------------+Article 27a 8.
------------+Article 27a 9.
---------+Article 27b Assessment
------------+Article 27b 1.
------------+Article 27b 2.
------------+Article 27b 3.
------------+Article 27b 4.
------------+Article 27b 5.
------------+Article 27b 6.
------------+Article 27b 7.
---------+Article 27c Derogation for CSDs providing banking-type ancillary services
---------+Article 28 User committee
------------+Article 28 1.
------------+Article 28 2.
------------+Article 28 3.
------------+Article 28 4.
------------+Article 28 5.
------------+Article 28 6.
---------+Article 29 Record keeping
------------+Article 29 1.
------------+Article 29 1a.
------------+Article 29 2.
------------+Article 29 3.
------------+Article 29 4.
---------+Article 30 Outsourcing
------------+Article 30 1.
------------+Article 30 2.
------------+Article 30 3.
------------+Article 30 4.
------------+Article 30 5.
---------+Article 31 Services provided by parties other than CSDs
------------+Article 31 1.
------------+Article 31 2.
------------+Article 31 3.
------+Section 2 Conduct of business rules
---------+Article 32 General provisions
------------+Article 32 1.
------------+Article 32 2.
---------+Article 33 Requirements for participation
------------+Article 33 1.
------------+Article 33 2.
------------+Article 33 3.
------------+Article 33 4.
------------+Article 33 5.
------------+Article 33 6.
---------+Article 34 Transparency
------------+Article 34 1.
------------+Article 34 2.
------------+Article 34 3.
------------+Article 34 4.
------------+Article 34 5.
------------+Article 34 6.
------------+Article 34 7.
------------+Article 34 8.
---------+Article 35 Communication procedures with participants and other market infrastructures
------+Section 3 Requirements for CSD services
---------+Article 36 General provisions
---------+Article 37 Integrity of the issue
------------+Article 37 1.
------------+Article 37 2.
------------+Article 37 3.
------------+Article 37 4.
---------+Article 38 Protection of securities of participants and those of their clients
------------+Article 38 1.
------------+Article 38 2.
------------+Article 38 3.
------------+Article 38 4.
------------+Article 38 5.
------------+Article 38 6.
------------+Article 38 7.
---------+Article 39 Settlement finality
------------+Article 39 1.
------------+Article 39 2.
------------+Article 39 3.
------------+Article 39 4.
------------+Article 39 5.
------------+Article 39 6.
------------+Article 39 7.
---------+Article 40 Cash settlement
------------+Article 40 1.
------------+Article 40 2.
------------+Article 40 3.
---------+Article 41 Participant default rules and procedures
------------+Article 41 1.
------------+Article 41 2.
------------+Article 41 3.
------------+Article 41 4.
------+Section 4 Prudential requirements
---------+Article 42 General requirements
---------+Article 43 Legal risks
------------+Article 43 1.
------------+Article 43 2.
------------+Article 43 3.
---------+Article 44 General business risk
---------+Article 45 Operational risks
------------+Article 45 1.
------------+Article 45 3.
------------+Article 45 4.
------------+Article 45 5.
------------+Article 45 6.
------------+Article 45 7.
---------+Article 46 Investment policy
------------+Article 46 1.
------------+Article 46 2.
------------+Article 46 3.
------------+Article 46 4.
------------+Article 46 5.
------------+Article 46 6.
---------+Article 47 Capital requirements
------------+Article 47 1.
------------+Article 47 3.
---------+Article 47a Deferred net settlement
------------+Article 47a 1.
------------+Article 47a 2.
------------+Article 47a 3.
------+Section 5 Requirements for CSD links
---------+Article 48 CSD links
------------+Article 48 1.
------------+Article 48 2.
------------+Article 48 3.
------------+Article 48 4.
------------+Article 48 5.
------------+Article 48 6.
------------+Article 48 7.
------------+Article 48 8.
------------+Article 48 9.
------------+Article 48 10.
---+CHAPTER III Access to CSDs
------+Section 1 Access of issuers to CSDs
---------+Article 49 Freedom to issue in a CSD authorised in the Union
------------+Article 49 1.
------------+Article 49 2.
------------+Article 49 3.
------------+Article 49 4.
------------+Article 49 5.
------------+Article 49 6.
------+Section 2 Access between CSDs
---------+Article 50 Standard link access
---------+Article 51 Customised link access
------------+Article 51 1.
------------+Article 51 2.
---------+Article 52 Procedure for CSD links
------------+Article 52 1.
------------+Article 52 2.
------------+Article 52 3.
------------+Article 52 4.
------+Section 3 Access between a CSD and another market infrastructure
---------+Article 53 Access between a CSD and another market infrastructure
------------+Article 53 1.
------------+Article 53 2.
------------+Article 53 3.
------------+Article 53 4.
------------+Article 53 5.

TITLE III CENTRAL SECURITIES DEPOSITORIES

TITLE III CENTRAL SECURITIES DEPOSITORIES

1. Forbhreathnú

,
CHAPTER I Authorisation and supervision of CSDs CHAPTER I Authorisation and supervision of CSDs
CHAPTER II Requirements for CSDs CHAPTER II Requirements for CSDs
CHAPTER III Access to CSDs CHAPTER III Access to CSDs

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin