An industry consortium has co-signed a joint-association statement setting out a common interpretation of the European Securities and Markets Authority’s statement which outlines EU legislators do not expect market participants to take further action
European securities market regulator clarifies its supervisory approach on implementation of buy-in regime, confirming news from November that it has asked co-legislators for a delay in buy-in element
Deutsche Bank has launched an updated version of its Central Securities Depositories Regulation settlement discipline regime solution
In recent months it has widely been assumed that the postponement would be announced some time this month
The Central Securities Depositories Regulation (CSDR) rulings, relating to mandatory buy-ins, are “fundamentally flawed”, according to James Cunningham, head of European regulatory and market initiatives at BNY Mellon
The settlement date for stocks used to be T+5, before moving to T+3, and now most markets operate on a T+2 settlement cycle, but panellists at the AFME conference discussed whether or not the T+2 cycle is enough
The EU regulator has written to the European Commission urging it to reconsider a delay of the mandatory buy-in regime
Letter from trade associations recommends that mandatory buy-in rules be “disapplied” from SDR provisions to come into force by February 2022
Asset Servicing Times' panel discussion on Accelerated Settlement examining the US and Canadian transition to T+1 securities settlement scheduled for May 2024
Industry experts share their early assessment of the CSDR settlement failure penalties regime and how it has affected the industry since its implementation in February
Brian Bollen asks industry experts their thoughts on the delayed implementation of CSDR’s buy-in rules and the best game plan to bring to the regulatory playing field
Eliane Meziani, senior advisor and Rodolphe Carissimo, advisor for CACEIS public affairs talk to Jenna Lomax about the postponement of the CSDR mandatory buy-in rulings and why the market requires and deserves due time to prepare for it
Derek Coyle of Brown Brothers Harriman discusses the potential impacts that CSDR will have on custody markets and how firms can best prepare themselves for the upcoming regulation
As firms continue to juggle innovation, customer loyalty and deal with the complexity of regulatory change, Broadridge’s Philip Taliaferro discusses regulatory challenges for the year ahead
Deutsche Bank’s Emma Johnson and Mike Clarke share how, in the changing regulatory landscape, technology can enable compliance and deliver better outcomes for clients
Daniel Carpenter, head of regulation at Meritsoft, discusses the challenges of CSDR and how Meritsoft is helping its clients to prepare for it
Experts say DLT has the potential to open the floor to all kinds of innovations if it can become a regulatory and legally integral part of Germany’s business
