The UK鈥檚 exclusion of CSDR's settlement discipline regime as part of its adoption of EU regulations post Brexit, will 鈥渦ndoubtedly create new challenges for firms in the UK鈥
The Presidency of the Council and the European Parliament have reached a deal on a common set of rules for CCPs and their authorities to prepare for and deal with financial difficulties
The UK will not include the CSDR settlement discipline regime as part of its adoption of EU regulations post Brexit as it falls outside the transition period
The chancellor of the exchequer has today confirmed that phase four of SFTR, which brings reporting rules for NFCs, will not be onshored in the UK after Brexit
鈥淒espite having an additional three-month window to prepare, we have found that many firms need extra help to get them across the finish line," says Linda Coffman, executive vice president of SmartStream RDU
The two firms are integrating their automated fails operational workload offering operational task management platforms to provide an end-to-end CSDR solution
Access Fintech is joining forces with Clearstream to allow clients to more effectively manage penalties and trade status updates for transactions in scope for CSDR