Europe’s CMU working group recommends European Commission to review CSDR
Long-awaited report on the Capital Marks Union sets out recommendations for the regulation while also addressing lingering issues in the post-trade industry.
Long-awaited report on the Capital Marks Union sets out recommendations for the regulation while also addressing lingering issues in the post-trade industry.
The association has urged the regulator to take ‘a holistic approach’ to postponing the Settlement Discipline Regime (SDR) by at least a year.
Custodians are still waiting for vital information to work out exactly how the penalties are calculated under CSDR.
Migration of the securities settlement platform in Icelandic markets will be fully implemented on 15 June.
The service coincides with a new Swedish law allowing listed companies to hold General Meetings and for shareholders to cast their vote without having to be physically present.
European capital markets have continued to operate well following the outbreak of COVID-19 according to new research from AFME.
Deal for VP Securities will give the European exchange group a CSD presence in the Nordics and boost its post-trade offering.
The association for Europe's CSDs believe existing post-trade regulatory frameworks would be well-suited to include crypto-assets.
Regulatory and operational costs factors may require regional CSDs to band together and overcome these new pressures.
Clearstream’s licence was granted by the German Federal Financial Services Authority BaFin and is effective immediately.