Regulatory Alerts2018-04-05
Added · Updated
ESMA Guidelines on the Process for Calculating Indicators to Determine the Most Relevant Settlement Currencies
Competent authorities must ensure that central securities depositories report settlement data using specified templates and parameters, including absolute values in original currencies for the previous calendar year. Authorities are required to transmit this reviewed data to ESMA by 25 February, calculate indicators based on aggregated data received by 31 March, and submit results to ESMA by 15 April. Competent authorities must notify ESMA of their compliance status within two months of publication, with a recommendation to respond within two weeks.
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