Updated 18/09/2024
In force

Initial Legal Act
Amendments
QA1623 - Direct Electronic Access and algorithmic trading
Status: Final
Answered: 04/10/2018
Art. 24
Search within this legal act
MiFID II ToolDelegated Regulation 2017/589
Article 24

Article 24 - Systems and controls of investment firms acting as general clearing members (Article 17(6) of Directive 2014/65/EU)

Article 24

Systems and controls of investment firms acting as general clearing members

(Article 17(6) of Directive 2014/65/EU)

Any systems used by an investment firm acting as a general clearing member (‘clearing firm’) to support the provision of its clearing services to its clients shall be subject to appropriate due diligence assessments, controls and monitoring.