1.

This Article shall apply to the following provisions of this Regulation: provision of services set out in Sections A, B and C of the Annex in infringement of Articles 16, 25 and 54; obtaining the authorisations required under Articles 16 and 54 by making false statements or by any other unlawful means as provided for in point (b) of Article 20(1) and point (b) of Article 57(1); failure of CSDs to hold the required capital, thus infringing Article 47(1); failure of CSDs to comply with the organisational requirements, thus infringing Articles 26 to 30; failure of CSDs to comply with the conduct of business rules, thus infringing Articles 32 to 35; failure of CSDs to comply with the requirements for CSD services, thus infringing Articles 37 to 41; failure of CSDs to comply with the prudential requirements, thus infringing Articles 43 to 47; failure of CSDs to comply with the requirements for CSD links, thus infringing Article 48; abusive refusals by CSDs to grant different types of access, thus infringing Articles 49 to 53; failure of designated credit institutions to comply with the specific prudential requirements related to credit risks, thus infringing Article 59(3); failure of designated credit institutions to comply with specific prudential requirements related to liquidity risks, thus infringing Article 59(4).

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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.