Article 27 — Information on record keeping arrangements (Article 27da(2), point (k), of Regulation (EU) No 600/2014)

An applicant seeking authorisation to operate a CT pursuant to Article 27db of Regulation (EU) No 600/2014 shall provide ESMA with information on the arrangements adopted to ensure that:
(a) each key stage of the CTP business may be reconstituted; (b) the original content of a record related to its business in accordance with Article 27ha(3) of Regulation (EU) No 600/2014 before any corrections or other amendments may be recorded, traced and retrieved; (c) measures to prevent unauthorised alteration of such records are in place; (d) the data recorded are secured and confidential; (e) a mechanism for identifying and correcting errors is incorporated in the record keeping system; (f) in the case of a system failure, the records are timely recovered.