Obligations of CCPs
- Open and maintain indirect client accounts as requested
Retained EU Law
2017
United Kingdom
Commission Delegated Regulation (EU) 2017/2154 of 22 September 2017 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards on indirect clearing arrangements (Text with EEA relevance)
At a glance
What's here
3 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Obligations of clearing members
- Provide indirect clearing services on reasonable commercial terms with proper account segregation and default management
Obligations of clients
- Provide indirect clients with account choices, information, records, and default safeguards
Browse 5 other sections — procedural / definitional / commencement
Definitions
Requirements for the provision of indirect clearing services by clients
Requirements for the provision of indirect clearing services by indirect clients
Requirements for the provision of indirect clearing services by second indirect clients
Entry into force
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