Article 69
Operational risks that may be posed by other CSDs or market infrastructures
1. A CSD shall ensure that its systems and communication arrangements with other CSDs or market infrastructures are reliable, secure and designed to minimise operational risks.
2. Any arrangement that a CSD enters into with another CSD or another market infrastructures shall provide that:
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(a) |
the other CSD or other financial market infrastructure discloses to the CSD any critical service provider on which the other CSD or market infrastructure relies; |
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(b) |
the governance arrangements and management processes in the other CSD or other market infrastructure do not affect the smooth provision of services by the CSD, including the risk-management arrangements and the non-discriminatory access conditions. |