Regulatory Alerts2013-04-18
Added · Updated
Royal Decree of 14 April 2013 Approving the Regulation of the National Bank of Belgium of 11 February 2013
The National Bank of Belgium (BNB) is authorized to declare the existence of systemic risks justifying the assimilation of any supervised financial institution or any other legal person participating in a securities settlement system to an 'institution'. System operators must apply specific access conditions to account for additional risks arising from the participation of such legal persons. Securities settlement systems are required to notify the BNB of any modifications to their list of participants within 15 days of such changes.
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