Title III, Chapter II, Section 1, Article 18, Paragraph 1. · Commission Delegated Regulation (EU) 2017/390

Contents

1.For the purposes of point (a) of Article 17(1), a CSD-banking service provider shall design and implement policies and procedures that comply with the following requirements:

(a)measure intraday and overnight credit risk in accordance with Sub-section 1;

(b)monitor intraday and overnight credit risk in accordance with Sub-section 2;

(c)manage intraday and overnight credit risk in accordance with Sub-section 3;

(d)measure, monitor and manage the collateral and other equivalent financial resources, as referred to in points (c) and (d) of Article 59(3) of Regulation (EU) No 909/2014, in accordance with Chapter I of this Regulation;

(e)analyses and plans how to address any potential residual credit exposures, in accordance with Sub-section 4;

(f)manage its reimbursement procedures and sanctioning rates, in accordance with Sub-section 5;

(g)report its credit risks in accordance with Sub-section 6;

(h)publicly disclose its credit risks in accordance with Sub-section 7.