account operatorshall mean an entity that is contracted by a CSD to record book entries into its securities accounts.
durable mediummeans any instrument which enables the storage of information in a way that is accessible for future reference for a period of time adequate for the purposes of the information, and allows the unchanged reproduction of the information stored.
exchange-traded fund(ETF) means a fund as defined in point (46) of Article 4(1) of Directive 2014/65/EU of the European Parliament and of the Council;
investor CSDmeans a CSD that either is a participant in the securities settlement system operated by another CSD or that uses a third party or an intermediary that is a participant in the securities settlement system operated by another CSD in relation to a securities issue;
issuer CSDmeans a CSD which provides the core service referred to in point 1 or 2 of Section A of the Annex to Regulation (EU) No 909/2014 in relation to a securities issue;
review periodmeans the period under review beginning on the day following the end of the previous review and evaluation period;
settlement instructionmeans a transfer order as defined in point (i) of Article 2 of Directive 98/26/EC of the European Parliament and of the Council;
settlement restrictionmeans the blocking, reservation or earmarking of securities that make them unavailable for settlement, or the blocking or reservation of cash that make it unavailable for settlement;