ESMA Guidelines on reporting settlement fails under Article 7 of the CSD Regulation - comply or explain procedure

On February 1, 2022, the French Autorité des marchés financiers (AMF) declared its compliance with the European Securities and Markets Authority (ESMA) guidelines regarding the reporting of settlement fails under Article 7 of the Central Securities Depositories Regulation. This declaration, designated as Position DOC-2022-01, confirms that the AMF adheres to the regulatory standards set forth in ESMA70-156-4717. The AMF's adherence ensures alignment with the technical regulatory standards for settlement discipline established by Commission Delegated Regulation (EU) 2018/1229.

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Autorite des Marches Financiers

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