2014-07-23

Added 2026-09-23

Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 Text with EEA relevance

European Union

We hold this law as a reference for linked documents. Read the official text at the source.

Open official text

Get EU alerts — same-day email on every new publication.

Lineage: Amended

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Show all related documents (69)

Amended by: Opinion of the European Central Bank on capital market integration and supervision within the Union2026 Regulation (EU) 2023/2845 of the European Parliament and of the Council of 13 December 2023 amending Regulation (EU) No 909/2014 as regards settlement discipline, cross-border provision of services, supervisory cooperation, provision of banking-type ancillary services and requirements for third-country central securities depositories and amending Regulation (EU) No 236/2012 (Text with EEA relevance)2023 Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU) 2016/1011 (Text with EEA relevance)2022 Regulation (EU) 2022/858 of the European Parliament and of the Council of 30 May 2022 on a pilot regime for market infrastructures based on distributed ledger technology, and amending Regulations (EU) No 600/2014 and (EU) No 909/2014 and Directive 2014/65/EU (Text with EEA relevance)2022 Regulation (EU) 2016/1033 of the European Parliament and of the Council of 23 June 2016 amending Regulation (EU) No 600/2014 on markets in financial instruments, Regulation (EU) No 596/2014 on market abuse and Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories (Text with EEA relevance)2016
Amends: Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) Text with EEA relevance2014 Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps Text with EEA relevance2012Directive No. 98/26/EC of 1998not in RegAlert
Basis for: Final Report on Amendments to the RTS on Settlement Discipline2025 Final Report on Technical Advice on the Scope of CSDR Settlement Discipline2025 Agreement of 5 March 2025 of the Council of the National Securities Market Commission on the Delegation of Competences2025 Final Report on Draft RTS on the Substantial Importance of CSDs2025 Final Report on Draft Technical Standards for CSDR Review and Evaluation2025 Final Report on the Draft RTS on the information notified by third-country CSDs2025
+29 more
Agreement of 22 March 2024 of the National Securities Market Commission on Delegation of Competences2024 Ordinance on Requirements for Central Securities Depositories and Related Settlement Activities2024 Final report on draft RTS on ICT Risk Management Framework and on simplified ICT Risk Management Framework2024 Commission Delegated Regulation (EU) 2023/1626 amending penalty mechanisms for settlement fails in cleared transactions2023 Commission Delegated Regulation (EU) 2022/1930 amending Delegated Regulation (EU) 2018/1229 regarding the buy-in regime application date2022 Guidelines on Settlement Fails Reporting2021 Operational and Technical Arrangements for Settlement Internaliser Reporting under CSDR Article 9(1)2021 Commission Delegated Regulation (EU) 2021/70 amending Delegated Regulation (EU) 2018/1229 on settlement discipline entry into force2020 Commission Delegated Regulation (EU) 2020/1212 amending Delegated Regulation (EU) 2018/1229 on settlement discipline2020 Guidelines on standardised procedures and messaging protocols under Article 6(2) of Regulation (EU) No 909/20142020 Circular CSSF 19/709 — Introduction of quarterly internalised settlement reporting requirements pursuant to Article 9(1) of EU Regulation No 909/2014 (CSDR)2019 Agreement of 27 September 2018 of the CNMV Council on Delegation of Competences2018 Commission Delegated Regulation (EU) 2018/1229 of 25 May 2018 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on settlement discipline (Text with EEA relevance.)2018 Guidelines on the Process for the Calculation of the Indicators to Determine the Substantial Importance of a CSD for a Host Member State2018 Decision on Additional Documentation for Operating Licence Applications under Articles 17 and 19 of Regulation (EU) No 909/20142017 Agreement of 22 December 2016 of the Council of the National Securities Market Commission on delegation of powers2016 Commission Delegated Regulation (EU) 2017/389 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council as regards the parameters for the calculation of cash penalties for settlement fails and the operations of CSDs in host Member States (Text with EEA relevance. )2016 Commission Delegated Regulation (EU) 2017/391 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards further specifying the content of the reporting on internalised settlements (Text with EEA relevance. )2016 Commission Delegated Regulation (EU) 2017/392 of 11 November 2016 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on authorisation, supervisory and operational requirements for central securities depositories (Text with EEA relevance. )2016 Commission Implementing Regulation (EU) 2017/393 of 11 November 2016 laying down implementing technical standards with regard to the templates and procedures for the reporting and transmission of information on internalised settlements in accordance with Regulation (EU) No 909/2014 of the European Parliament and of the Council (Text with EEA relevance. )2016 Commission Implementing Regulation (EU) 2017/394 of 11 November 2016 laying down implementing technical standards with regard to standard forms, templates and procedures for authorisation, review and evaluation of central securities depositories, for the cooperation between authorities of the home Member State and the host Member State, for the consultation of authorities involved in the authorisation to provide banking-type ancillary services, for access involving central securities depositories, and with regard to the format of the records to be maintained by central securities depositories in accordance with Regulation (EU) No 909/2014 of the European Parliament and of the Council (Text with EEA relevance. )2016 ESMA Final Report on Draft Technical Standards for CSD Requirements and Internalised Settlement under CSDR2015 ESMA Final Report on Draft Technical Standards under CSDR: CSD Requirements and Internalised Settlement2015 ESMA Impact Assessment on CSDR Technical Standards for CSD Requirements and Internalised Settlement2015 Royal Decree of 11 June 2015 designating the competent authority for central securities depositories2015 Agreement of 11 March 2015 of the Board of the National Securities Market Commission on the Delegation of Powers2015 AMF Position DOC-2023-10: ESMA Orientations under the CSDR Comply or Explain Procedure DOC-2018-10 Orientations on rules and procedures applicable in the event of a CSD participant failure Regulation on the Structure, Delivery Method and Deadlines for Annual and Interim Financial Reports, Audit Report, and Chart of Accounts Application for the Central Securities Depository (Official Gazette Nos. 91/19, 48/22, 155/22 and 30/25)
Referred to by: Law on the Public Offering of Securities2026 Law on the Public Offering of Securities2026 Circular on Regulation (EU) 909/2014 – the Central Securities Depositories Regulation (CSDR)2026 Securities Supervision Act 2018 (WAG 2018)2026 DLT Regulation Enforcement Act (DLT-VVG)2026 Austrian Banking Act (BWG)2026
+20 more
Regulations amending Finansinspektionen’s regulations regarding Swedish UCITS2025 Regulations amending supervisory reporting for insurance business (FFFS 2024:30)2025 Guidance on the DLT Pilot Regime Regulation2025 Instruction No. 2025-I-11 on Information to Notify to the ACPR Regarding Participation in Cyber Threat Intelligence Sharing Arrangements2025 Ordinance No. 76 of 12.06.2025 on Fees Collected by the Financial Supervision Commission2025 Ordinance No 45 of the BNB on Legal Relationships with Monetary Policy Counterparties2025 Circular CSSF 25/883 amending Circular CSSF 22/806 on outsourcing arrangements2025 Draft Regulatory Technical Standards specifying elements related to threat led penetration tests under Article 26(11) of Regulation (EU) 2022/25542024 Final Report on draft RTS specifying elements related to threat led penetration tests2024 Royal Decree 814/2023 on Financial Instruments, Admission to Trading, Register of Negotiable Securities and Market Infrastructures2023 Law 5/2020, of October 15, on the Financial Transactions Tax2022 Provisional Agreement Reached on the Digital Operational Resilience Act (DORA)2022 Instruction No. 12/20222022 Order on Physical and Legal Persons Exempt from Licensing for Investment Services and Activities2021 Regulation No. 8 of 03.09.2020 on Requirements for the Activity of Central Securities Depositories, the Central Securities Register, and Other Persons Carrying Out Activities Related to the Settlement of Securities2020 Resolution of 24 October 2019 by the CNMV modifying Annex I of the Resolution of 16 November 2011 creating and regulating the CNMV Electronic Registry2019 Guidelines on Security Token Offering2019 Decision No 2018-03 of 16 April 2018 amending Decision No 2015-01 of 22 April 2015 on the implementation of the monetary policy and intraday credit of the Banque de France2018 Draft RTS and ITS on MiFID II and MiFIR Transparency and Microstructural Requirements2015 Capital Markets Act (Official Gazette, Nos. 65/18, 17/20, 83/21, 151/22, 85/24 and 126/25) – Unofficial Consolidated Text

Timeline

Amended 5 times · last 2026-04-09

This document amends: Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) Text with EEA relevance, Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps Text with EEA relevance

Source: European Union — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works