Regulatory Alerts2015-09-28
ESMA Final Report on Draft Technical Standards under CSDR: CSD Requirements and Internalised Settlement
The European Securities and Markets Authority issued this final report containing draft regulatory and implementing technical standards to supplement the Central Securities Depositories Regulation. The standards establish detailed supervisory requirements for CSD authorisation, including governance, risk management, and access policies, while defining specific reporting templates for internalised settlement activities. These measures aim to ensure consistent application of prudential rules, enhance transparency, and safeguard the orderly functioning of European securities markets.
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