Regulatory Alerts2022-07-06
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Commission Delegated Regulation (EU) 2022/1930 amending Delegated Regulation (EU) 2018/1229 regarding the buy-in regime application date
The European Commission amends Delegated Regulation (EU) 2018/1229 to defer the application of mandatory buy-in provisions until 2 November 2025. During this transitional period, central counterparties providing clearing services for shares must implement specific buy-in procedures, including automatic triggers after four business days of settlement failure and reimbursement obligations for failing parties. This deferral prevents market participants from incurring duplicative implementation costs while the broader settlement discipline framework is reassessed.
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