Recital 7

(7) The management by a relevant central securities depository of assets subject to the transaction ban imposed pursuant to Article 5a(4) of Regulation (EU) No 833/2014, as well as the management of the cash balances stemming from such assets, should not give rise to liability of any kind on the part of that depository, or of its directors or employees, unless it is proved that the action was a result of negligence.

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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.