Chapter II: Central depositories

I.- Central securities depositories, within the meaning of 1.1 of Article 2 of Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories, and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012, are: 1° Central securities depositories authorised by the Autorité des marchés financiers; 2° Central securities depositories authorised…

The Autorité des marchés financiers may appoint a provisional administrator for the central depositary referred to in 1° of I of Article L. 441-1, to whom all the powers of administration, management and representation of the legal entity shall be transferred. This appointment is made either at the request of the directors when they consider that they are no longer in a position to perform their duties normally, or at…