Regulatory Alerts2020-10-23
Added · Updated
Commission Delegated Regulation (EU) 2021/70 amending Delegated Regulation (EU) 2018/1229 on settlement discipline entry into force
The European Commission amends Article 42 of Delegated Regulation (EU) 2018/1229 to defer its entry into force from 1 February 2021 to 1 February 2022. This one-year extension applies to the regulatory technical standards on settlement discipline, affecting central securities depositories (CSDs), their participants, and clients. The deferral addresses implementation challenges caused by the COVID-19 pandemic, allowing stakeholders additional time to complete necessary IT system preparations.
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