emendrix

Art. 27

Central Securities Depositories Regulation · 32014R0909 · every event for this act · on EUR-Lex

3 changes recorded across 3 events, newest first.

in force 2026-01-17 MODIFIED±0

Amended by Regulation (EU) 2023/2845 32023R2845

applies from: unknown

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in force 2024-05-01 MODIFIED

Amended by Regulation (EU) 2023/2845 32023R2845

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Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.

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in force 2024-01-16 MODIFIED

Amended by Regulation (EU) 2023/2845 32023R2845

applies from: unchanged

Article 27(2) now adds a definition of what counts as an independent member of the management body, based on the absence of certain business, family or other relationships with the CSD, its controlling shareholders, management or participants, including in the five years before membership.

Paragraphs 6 to 11 have been rewritten: the earlier text on shareholder and controller suitability and on the CSD's disclosure and approval duties for ownership changes has been replaced with provisions on the competent authority's authorisation requirements concerning qualifying holdings, close links, prejudicial influence, and third-country legal obstacles, together with a duty on the CSD to disclose ownership information and publish ownership transfer information without delay.

The former paragraph 8 concerning the competent authority's 60-working-day decision period on proposed changes in control, and the natural or legal person's duty to notify such changes, no longer appears in the text shown.

Cited: Art. 27, v2 · Art. 27, v1

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