+Article 25 5.

Article 25 5.

When assessing whether the conditions referred to in paragraph 4 are met, ESMA shall consult:

(a) 

the competent authorities of the Member States in which the third-country CSD intends to provide CSD services, in particular, on how the third-country CSD intends to comply with the requirement referred to in point (d) of paragraph 4;

(b) 

the relevant authorities;

(c) 

the responsible third-country authorities entrusted with the authorisation, supervision and oversight of CSDs.

1. Forbhreathnú

,

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin