Retained EU Law SI 2017/2154 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)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Financial Services Firm1 Any Person1 Client1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Financial Services Firm — also bound by 167 other Acts
Any Person — also bound by 2340 other Acts
Client — also bound by 62 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art003 Obligations of CCPs Regulated
  • Open and maintain indirect client accounts as requestedFinancial Services Firm
s.art004 Obligations of clearing members Regulated
  • Provide indirect clearing services on reasonable commercial terms with proper account segregation and default managementAny Person
s.art005 Obligations of clients Regulated
  • Provide indirect clients with account choices, information, records, and default safeguardsClient
5 other provisions — procedural and definitional
s.art001 Definitions
s.art002 Requirements for the provision of indirect clearing services by clients
s.art006 Requirements for the provision of indirect clearing services by indirect clients
s.art007 Requirements for the provision of indirect clearing services by second indirect clients
s.art008 Entry into force

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.