The Council of the European Union has transmitted a corrigendum from the European Commission (C(2026) 4658 final) that corrects a single word in the German-language version of Article 70(6) of Delegated Regulation (EU) 2017/392. The correction replaces "Sicherheitssystems" (security system) with "Wertpapiersystems" (securities system), fixing a translation error in the technical standards for central securities depositories (CSDs) under Regulation (EU) No 909/2014.
The corrigendum, published on 29 June 2026, amends the text of Article 70(6) to require a CSD to have rules and procedures ensuring that the performance of its securities system is regularly reported to management, members of the management body, relevant committees, user committees, and the competent authority. The original German version had mistakenly referred to a "security system" instead of "securities system," which could have caused confusion about the scope of reporting obligations.
Delegated Regulation (EU) 2017/392, adopted by the Commission on 11 November 2016 and published in the Official Journal on 10 March 2017, supplements the Central Securities Depositories Regulation (CSDR) with technical regulatory standards on authorisation, supervisory, and operational requirements for CSDs. The corrigendum ensures alignment of the German text with the English and other language versions, which correctly refer to the securities system.
The correction has no impact on the substance of the regulation or on CSD obligations, as it merely rectifies a linguistic error. It affects the German-speaking stakeholders, including CSDs operating in German-speaking jurisdictions, national competent authorities, and legal practitioners who rely on the German version of the regulation. The corrigendum does not introduce new requirements or alter existing ones.
The corrigendum will be published in the Official Journal of the European Union and will take effect upon publication.