Article 34
Investment policy
An application for authorisation shall include evidence demonstrating that:
| (a) | the applicant CSD holds its financial assets in accordance with Article 46(1), (2) and (5) of Regulation (EU) No 909/2014 and Chapter XI of this Regulation. | 
| (b) | the investments of the applicant CSD are compliant with Article 46(3) of Regulation (EU) No 909/2014 and Chapter XI of this Regulation. |