business day — borrowed from another act; this instrument states no meaning of its own (16)

central securities depository — borrowed from another act; this instrument states no meaning of its own (14)

competent authority — one or more competent authorities: designated in accordance with Article 67 of Directive 2014/65/EU; designated in accordance with Article 11 of Regulation (EU) No 909/2014; or otherwise designated by a Member State to oversee the application of this Regulation (21)

consensus mechanism — the rules and procedures by which an agreement is reached, among DLT network nodes, that a transaction is validated (3)

credit institution — a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 of the European Parliament and of the Council Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1). (18)

CSD — borrowed from another act; this instrument states no meaning of its own (14)

delivery versus payment — borrowed from another act; this instrument states no meaning of its own (17)

distributed ledger — an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism (2)

DLT — a technology that enables the operation and use of distributed ledgers (1)

DLT financial instrument — a financial instrument that is issued, recorded, transferred and stored using distributed ledger technology (11)

DLT market infrastructure — a DLT multilateral trading facility, a DLT settlement system or a DLT trading and settlement system (5)

DLT MTF — a multilateral trading facility that only admits to trading DLT financial instruments (6)

DLT network node — a device or process that is part of a network and that holds a complete or partial replica of records of all transactions on a distributed ledger (4)

DLT SS — a settlement system that settles transactions in DLT financial instruments against payment or against delivery, irrespective of whether that settlement system has been designated and notified in accordance with Directive 98/26/EC, and that allows the initial recording of DLT financial instruments or allows the provision of safekeeping services in relation to DLT financial instruments (7)

DLT TSS — a DLT MTF or DLT SS that combines services performed by a DLT MTF and a DLT SS (10)

financial instrument — those instruments specified in Section C of Annex I, including such instruments issued by means of distributed ledger technology (1)

financial instrument — borrowed from another act; this instrument states no meaning of its own (12)

investment firm — borrowed from another act; this instrument states no meaning of its own (19)

market operator — borrowed from another act; this instrument states no meaning of its own (20)

multilateral trading facility — borrowed from another act; this instrument states no meaning of its own (13)

securities settlement system — borrowed from another act; this instrument states no meaning of its own (15)

settlement — borrowed from another act; this instrument states no meaning of its own (8)

settlement fail — borrowed from another act; this instrument states no meaning of its own (9)