Carpenter explained there are major concerns around the mandatory buy-in process, particularly for the tier-one banks under the buy-in rules and possible associated cash compensation process
The global custodian community of the Depository Trust and Clearing Corporation has grown to 11 in preparation for the Central Securities Depositories Regulation
The UK’s exclusion of the CSDR settlement discipline regime as part of its adoption of EU regulations post-Brexit will “undoubtedly create new challenges"
The UK will see a number of changes being made to its regulatory framework in the financial services space, including the Central Securities Depositories Regulation (CSDR), following the announcement by HM Treasury’s chancellor of the exchequer Rishi
The UK will not include the Central Securities Depositories Regulation’s (CSDR) settlement discipline regime as part of its adoption of EU regulations post Brexit