+Article 48 8.

Article 48 8.

Interoperable securities settlement systems and CSDs, which use a common settlement infrastructure shall establish identical moments of:

(a) 

entry of transfer orders into the system;

(b) 

irrevocability of transfer orders.

The securities settlement systems and CSDs referred to in the first subparagraph shall use equivalent rules concerning the moment of finality of transfers of securities and cash.

1. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards