Commission Delegated Regulation (EU) 2017/392 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on authorisation, supervisory and operational requirements for central securities depositories (Text with EEA relevance) (c. 392)

CHAPTER X OPERATIONAL RISKS (Article 45(1) to (6) of Regulation (EU) No 909/2014)

SECTION 2 Methods to test, address and minimise operational risks

Article 74 Mitigation of operational risk through insurance

A CSD may only contract insurance to mitigate the operational risks referred to in this Chapter where the measures referred to in this Chapter do not fully mitigate operational risks.