Article 5 · Commission Delegated Regulation (EU) 2023/1651

Contents

Competent authorities shall assess the consequences of any of the following operational events on the investment firm’s liquidity:

(a)the unavailability of the investment firm’s systems used to access the market or funding sources;

(b)an interruption of services at custodians and cash correspondents;

(c)external or internal frauds;

(d)compensations and claims related to order execution errors.