Updated 22/10/2024
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Article 3 - Procedure for the provision of information

Article 3

Procedure for the provision of information

1.   The competent authority shall communicate to the CSD the following information:

(a)

the frequency and the depth of the review and evaluation as referred to in Article 22(4) of Regulation (EU) No 909/2014;

(b)

the commencement and end dates of the review period referred to in Article 40 of Delegated Regulation (EU) 2017/392.

(c)

the language in which all information shall be submitted. The competent authority may request the CSD to submit the same information in a language customary in the sphere of international finance.

The competent authority shall communicate to the CSD any changes to the information referred to in the first subparagraph, including the request for a more frequent submission of specific information, without undue delay.

2.   The CSD shall provide the information referred to in Article 40(2) of Delegated Regulation (EU) 2017/392 within two months following the end of the review period.