Art. 6

in force 2026-01-17 MODIFIED±0§

Amended by Regulation (EU) 2023/2845 32023R2845

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in force 2024-05-01 MODIFIED§

Amended by Regulation (EU) 2023/2845 32023R2845

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in force 2024-01-16 MODIFIED§

Amended by Regulation (EU) 2023/2845 32023R2845

applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)

dates added to the text: 2025-07-17 · dates removed: 2015-06-18

Paragraph 5 now frames the regulatory technical standards as specifying measures to prevent settlement fails in order to increase settlement efficiency, and restructures the three matters to be covered into lettered points (a), (b) and (c), with point (b) adding examples such as shaping of transaction sizes, partial settlement of failing trades, and auto-lend/borrow programmes provided by certain CSDs.

The deadline for ESMA to submit the draft regulatory technical standards to the Commission was changed from 18 June 2015 to 17 July 2025.

Cited: Art. 6, v2 · Art. 6, v1

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