Skip to the text
In this act Article 17 of 32

Article 17 — Information on the organisation (Article 27da(2), point (d), of Regulation (EU) No 600/2014)

Financial servicesLevel 2RTSMiFIRIn forceOfficial source

17(1)

1.An applicant seeking authorisation to operate a CT pursuant to Article 27db of Regulation (EU) No 600/2014 shall include in its application for authorisation the following information on the organisation:

Copy link
17(1)(a)
(a)information on the organisational structure of the applicant, including an organisational chart and a description of the human, technical and legal resources allocated to its business activities;
Copy link
17(1)(b)
(b)information on the operational separation policies and procedures to ensure segregation between the CTP and any other activities performed by the applicant;
Copy link
17(1)(c)
(c)information on the compliance policies and procedures of the CTP, including:
Copy link
17(1)(c)(i)
(i)the name of the person or persons responsible for the approval and maintenance of those policies;
Copy link
17(1)(c)(ii)
(ii)the arrangements to monitor and enforce the compliance policies and procedures;
Copy link
17(1)(c)(iii)
(iii)the measures to be undertaken in the event of a breach which may result in a failure to meet the conditions for initial authorisation;
Copy link
17(1)(c)(iv)
(iv)a description of the procedure for reporting to ESMA any breach which may result in a failure to meet the conditions for initial authorisation;
Copy link
17(1)(d)
(d)a list of all outsourced functions and resources allocated to the control of the outsourced functions.
Copy link
17(2)

2.A CTP offering services other than data reporting services shall describe those services in the organisational chart provided under paragraph 1, point (a).

Copy link