Article 4
Changes to the CCP’s operational systems and infrastructure
Where the measures to be adopted to restore the CCP’s long-term viability include changes to the CCP’s operational systems and infrastructure as referred to in Article 37(3), point (b), of Regulation (EU) 2021/23, the description referred to in Article 2(1) of this Regulation shall include the following elements:
(a) |
a presentation of the main operational systems and infrastructure identified that would be impacted by the business reorganisation plan and how they are to be impacted; |
(b) |
a presentation of any changes envisaged to the organisation of the CCP; |
(c) |
a presentation of the changes to the structure of the CCP’s ownership and any changes to the managers’ incentive structures; |
(d) |
where relevant, a presentation of the changes to the CCP’s governance, organisation and employees. |