Delivery versus payment (DVP) settlement shall be regarded as practical and feasible where:
(a)
there is a market demand for DVP settlement evidenced through a request from any of the user committees of one of the linked CSDs;
(b)
the linked CSDs may charge a reasonable commercial fee for the provision of DVP settlement, on a cost-plus basis, unless otherwise agreed by the linked CSDs;
(c)
there is a safe and efficient access to cash in the currencies used by the receiving CSD for settlement of securities transactions of the requesting CSD and its participants.
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 87 of Commission Delegated Regulation (EU) 2017/392 (LawPlayer, data as of 2026-07-04)
