Article 52
Sharing audit findings with the user committee
1. A CSD shall share audit findings with the user committee in any of the following cases:
|
(a) |
where the findings relate to the criteria for accepting issuers or users to their respective securities settlement systems operated by the CSDs; |
|
(b) |
where the findings relate to any other aspect of the user committee's mandate; |
|
(c) |
where the findings may impact the level of provision of services by a CSD, including ensuring business continuity. |
2. Members of the user committee shall not be provided with information that may place those members at a competitive advantage.