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Text as of 25 Jun 2015 · Original act (Official Journal of 27 July 2012) · Same wording as today’s text.Today’s text

Article 51 — Interoperability arrangements

Financial servicesLevel 1RegulationEMIRIn forceVerifiedOfficial source

51(1)

1.A CCP may enter into an interoperability arrangement with another CCP where the requirements laid down in Articles 52, 53 and 54 are fulfilled.

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51(2)

2.When establishing an interoperability arrangement with another CCP for the purpose of providing services to a particular trading venue, the CCP shall have non-discriminatory access, both to the data that it needs for the performance of its functions from that particular trading venue, to the extent that the CCP complies with the operational and technical requirements established by the trading venue, and to the relevant settlement system.

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51(3)

3.Entering into an interoperability arrangement or accessing a data feed or a settlement system referred to in paragraphs 1 and 2 shall be rejected or restricted, directly or indirectly, only in order to control any risk arising from that arrangement or access.

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