1.

An authorised CSD shall submit an application for authorisation to the competent authority of its home Member State where it wishes to outsource a core service to a third party under Article 30 or extend its activities to one or more of the following: additional core services listed in Section A of the Annex, not covered by the initial authorisation; ancillary services permitted under, but not explicitly listed in Section B of the Annex, not covered by the initial authorisation; the operation of another securities settlement system; the settlement of all or part of the cash leg of its securities settlement system in the books of another settlement agent; setting up an interoperable link, including those with third-country CSDs.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.