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Article 570-3 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/570-3/20181029/notes

The trade shall be recorded in the accounts of the buyer and the seller as soon as the custody account-keeper is informed that the order has been executed. This accounting record shall be regarded as book entry registration and imply transfer of ownership as of the effective trade settlement date determined in accordance with Article 5 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.