TITLE IIICENTRAL SECURITIES DEPOSITORIES

CHAPTER IIRequirements for CSDs

Section 1Organisational requirements

Article 29Record keeping

1

A CSD shall maintain, for a period of at least 10 years, all its records on the services and activities, including on the ancillary services referred to in Sections B and C of the Annex, so as to enable the competent authority to monitor the compliance with the requirements under this Regulation.

2

A CSD shall make the records referred to in paragraph 1 available upon request to the competent authority F1... and any other public authority which under F2the law applicable within the United Kingdom or of any part of the United Kingdom has a power to require access to such records for the purpose of fulfilling their mandate.

3

F3The Bank of England may make regulatory technical standards to specify the details of the records referred to in paragraph 1 to be retained for the purpose of monitoring the compliance of CSDs with the provisions of this Regulation.

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4

F4The Bank of England may make implementing technical standards to establish the format of the records referred to in paragraph 1 to be retained for the purpose of monitoring the compliance of CSDs with the provisions of this Regulation.

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