Commission Delegated Regulation (EU) 2017/589Show full title

Commission Delegated Regulation (EU) 2017/589 of 19 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the organisational requirements of investment firms engaged in algorithmic trading (Text with EEA relevance)

Article 24U.K.Systems and controls of investment firms acting as general clearing members(Article 17(6) of Directive 2014/65/EU)

Any systems used by an investment firm acting as a general clearing member (‘clearing firm’) to support the provision of its clearing services to its clients shall be subject to appropriate due diligence assessments, controls and monitoring.