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csd link

as defined in Regulation (EU) No 909/2014 of the European Parliament and of the Council of…, Article 2(1), point (29) (Definitions)

an arrangement between CSDs whereby one CSD becomes a participant in the securities settlement system of another CSD in order to facilitate the transfer of securities from the participants of the latter CSD to the participants of the former CSD or an arrangement whereby a CSD accesses another CSD indirectly via an intermediary. CSD links include standard links, customised links, indirect links, and interoperable links

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