Regulatory Alerts2019-02-25
Circular CSSF 19/709 — Introduction of quarterly internalised settlement reporting requirements pursuant to Article 9(1) of EU Regulation No 909/2014 (CSDR)
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 19/709 to implement quarterly internalised settlement reporting obligations under Article 9(1) of the EU CSDR. This regulation mandates that relevant entities submit detailed data regarding their internalised settlement activities on a quarterly basis to ensure market transparency and efficiency. The circular establishes the specific procedural and technical requirements for compliance with these new reporting standards effective from the publication date of February 25, 2019.
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