ECSDA updates its CSDR settlement penalties framework
07 October 2021 EU
Image: AdobeStock/artjazz
ECSDA, the European Central Securities Depositories Association, has released an updated version of its Central Securities Depositories Regulation (CSDR) settlement fails penalty framework.
is the product of efforts across ECSDA鈥檚 membership to align with CSDR requirements and to harmonise settlement penalty applications for CSDs subject to this regulation and its regulatory technical standards on settlement discipline.
This document highlights changes from the preceding version and marks up assumptions that are currently awaiting feedback from the European Securities Market Authority and the European Commission.
ECSDA also releases regular public updates on the current state of implementation of the CSDR settlement discipline regime based on information collected from its membership by questionnaire.
is the product of efforts across ECSDA鈥檚 membership to align with CSDR requirements and to harmonise settlement penalty applications for CSDs subject to this regulation and its regulatory technical standards on settlement discipline.
This document highlights changes from the preceding version and marks up assumptions that are currently awaiting feedback from the European Securities Market Authority and the European Commission.
ECSDA also releases regular public updates on the current state of implementation of the CSDR settlement discipline regime based on information collected from its membership by questionnaire.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
