Central Securities Depositories Regulation
CSD Regulation market impacts
The Central Securities Depositories Regulation (CSDR) is set to improve the operational efficiency and safety of CSDs, enabling CSDs, like LuxCSD, to keep customers' assets even safer and more secure in a more efficient operational environment. But how will the Regulation achieve this and what are the impacts on CSD customers?
CSD customers will be impacted in particular by a new settlement discipline regime which will introduce mandatory buy-ins and cash penalties for settlement failures.
To find out more about CSDR impacts on CSD customers and the wider market, please read customer Briefing Paper and Spotlight (for an executive summary). Customers may also like to watch a recent video interview series with Clearstream's Co-CEO Phil Brown, hosted on Clearstream's dedicated CSDR webpages.