Commission Delegated Regulation (EU) 2017/389 Article 4

Criteria for establishing the substantial importance of a CSD

Article 4

The operations of a CSD in a host Member State shall be considered to be of substantial importance for the functioning of the securities markets and the protection of investors in the host Member State where at least one of the criteria specified in Articles 5 and 6 is fulfilled.

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Other provisions in Commission Delegated Regulation (EU) 2017/389

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 4 of Commission Delegated Regulation (EU) 2017/389 (LawPlayer, data as of 2026-07-04)

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