Recital 21

(21) Central securities depositories are also prohibited from disposing of their ensuing net profits, as determined in accordance with national law, after deduction of corporate tax under the general regime of the Member State concerned, whether by way of distribution in the form of dividends or in whatever form to the benefit of shareholders or of any third party until the Council decides on the establishment of a financial contribution raised on those net profits to support Ukraine. The ensuing net profits generated before 15 February 2024 remain unrestricted and immediately available to absorb expenses, risks and losses incurred by central securities depositories, as required under Union and national laws applicable to central securities depositories, including under prudential legislation, where relevant.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-17 · Text as adopted (Official Journal); later amendments are not incorporated in this text.