CSDR received initial European parliament approval in 2014 and certain provisions are under discussion.
Forthcoming CSDR regulation may lead to inconsistencies with other legislation.
While dealing with CSDR, firms are also set to face additional regulatory pressure from UCITS V.
CSDR set to hit securities finance according to Deutsche Bank.
The European Securities and Markets Authority (ESMA) has launched a consultation on participant default rules and procedures under Central Securities Depositories Regulation (CSDR)