the competent authorities responsible for the supervision of the participants of the CSD that are established in the three Member States with the largest settlement values in the CSD’s securities settlement system on an aggregate basis over a one-year period;
na húdaráis inniúla a bheidh freagrach as maoirseacht a dhéanamh ar rannpháirtithe TLU atá bunaithe sna trí Bhallstát a mbeidh na luachanna socraíochta is mó acu i gcóras socraíochta urrús TLU ar bhonn comhiomlán thar thréimhse bliana;