Regulatory Alerts2015-09-28
ESMA Final Report on Draft Technical Standards for CSD Requirements and Internalised Settlement under CSDR
The European Securities and Markets Authority issued this final report to present draft regulatory and implementing technical standards for Central Securities Depositories and internalised settlement under the CSDR. The document details specific requirements for determining relevant currencies, CSD authorisation procedures, participation rules, and operational risk management. It also outlines the consultation process and feedback received from stakeholders, noting that the RTS on settlement discipline is being delivered in a separate report due to ongoing analysis of the buy-in process.
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