ESMA shall, in close cooperation with the members of the ESCB, develop draft regulatory technical standards to specify the conditions provided for in paragraph 3 under which each type of link arrangement provides for adequate protection of the linked CSDs and of their participants, in particular where a CSD intends to participate in the securities settlement system operated by another CSD, the monitoring and managing of additional risks referred to in paragraph 5 arising from the use of intermediaries, the reconciliation methods referred to in paragraph 6, the cases where DVP settlement through CSD links is practical and feasible as provided for in paragraph 7 and the methods of assessment thereof.
Forbróidh ÚEÚM, i ndlúthchomhar le comhaltaí CEBC, dréachtchaighdeáin theicniúla rialála d’fhonn an méid seo a leanas a shainiú: na coinníollacha dá bhforáiltear i mír 3 faoina ndéantar foráil i ngach cineál socraithe naisc maidir le cosaint leormhaith a thabhairt do na TLUanna a bheidh nasctha agus dá rannpháirtithe, go háirithe nuair a bheartóidh TLU bheith rannpháirteach i gcóras socraíochta urrús a oibreoidh TLU eile, faireachán agus bainistiú a dhéanamh ar na rioscaí breise dá dtagraítear i mír 5 a eascróidh as úsáid idirghabhálaithe, na modhanna réitigh dá dtagraítear i mír 6, na cásanna ina mbeidh réiteach bunaithe ar sholáthar in áit íocaíochta trí naisc idir taisclanna lárnach urrús phraiticiúil agus indéanta, rud dá bhforáiltear i mír 7 agus maidir leis na modhanna chun measúnú a dhéanamh orthu.