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The entire 2020 regulatory timetable may be compromised, says reg policy expert
30 March 2020 London
Reporter: Drew Nicol

With SFTR and CSDR on the horizon, 2020 was meant to be one of the busiest regulatory implementation years the securities finance industry had ever know. Those are now in tatters.

KDPW receives CSDR authorisation
06 March 2020 Warsaw
Reporter: Maddie Saghir

Under the single passport system, the authorisation confirms that KDPW meets the EU’s legal requirements for central securities depositories

AFME publishes CSDR recommendations
04 March 2020 London
Reporter: Maddie Saghir

AFME’s recommendations aim to encourage greater and more harmonised use of partial settlement across the industry as a way of improving settlement rates

EXCLUSIVE: Pirum releases new CSDR fails cost analysis tool
26 February 2020 London
Reporter: Drew Nicol

Pirum Systems tackles CSDR cost risks with new fails report tool and enhanced SSI enrichment services

Delayed: CSDR settlement discipline regime
04 February 2020 Paris
Reporter: Drew Nicol

Following a series of warning calls from industry stakeholders, ESMA is backing a delay to the CSDR settlement discipline regime originally due in September

CSDR will harm those it seeks to protect, says ICMA
03 February 2020 London
Reporter: Drew Nicol

ICMA and the Investment Association have reinforced calls for a delay and reforms to the CSDR mandatory buy-in provisions with another letter to the European Commission

LCH wades into CSDR buy-in delay debate
27 January 2020 London
Reporter: Drew Nicol

LCH notes that full implementation of the settlement discipline regime is “widely expected to occur once modifications to the TARGET2-Securities settlement system run by the European Central Bank are tested and complete”

Trade bodies unite to call for CSDR buy-in delay
24 January 2020 Paris
Reporter: Drew Nicol

Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR’s settlement regime to avoid a liquidity crisis in Septemeber

Clearstream’s CSD gains CSDR licence
22 January 2020 Frankfurt
Reporter: Drew Nicol

The German market regulator has granted a CSDR licence to Deutsche Boerse subsidiary, Clearstream Banking

Euroclear Bank obtains CSDR licence
05 December 2019 Brussels
Reporter: Becky Bellamy

Euroclear Bank has received a CSDR licence from its respective market regulator

Deutsche Boerse CSDR buy-in agent gains Deutsche Bank veteran
29 November 2019 Frankfurt
Reporter: Drew Nicol

Deutsche Boerse’s new buy-in agent has lured Marko Niederheide away from Deutsche Bank after 23 years with the bank

CSDR’s buy-in rules will hinder, not help the market, survey shows
28 November 2019 London
Reporter: Drew Nicol

Fundamental flaws in CSDR’s buy-in rules mean it will damage market liquidity while failing to improve efficiency, says ICMA report