The European Association of CCP Clearing Houses has updated its CSDR literature to reflect the decisions to implement Article 19, which governs the collection of calculations and collection of cash penalties under the SDR, despite reservations about
The documents focus on how CSDR’s incoming mandatory buy-ins and cash penalty rules apply to securities lending transactions entered into under a GMSLA
The UK’s exclusion of CSDR's settlement discipline regime as part of its adoption of EU regulations post Brexit, will “undoubtedly create new challenges for firms in the UK”
The UK will not include the CSDR settlement discipline regime as part of its adoption of EU regulations post Brexit as it falls outside the transition period
The chancellor of the exchequer has today confirmed that phase four of SFTR, which brings reporting rules for NFCs, will not be onshored in the UK after Brexit
The two firms are integrating their automated fails operational workload offering operational task management platforms to provide an end-to-end CSDR solution