Trade associations demand SDR delay following recent EC communication
AFME, ISDA and ISLA among trade bodies to deliver the concise message of delay the settlement discipline regime.
Tag: SDR
European Commission to consider changes to CSDR’s penalty regime
With just seven months to go until the go-live of SDR, market participants have grown increasingly worried that they will be unable to make the necessary changes to their operations to meet the rules.
Market Infrastructure
Fireside Friday with …. Clearstream’s Samuel Riley
Samuel Riley, executive board member and head of investor services and financing at Clearstream, speaks to GC on how the ICSD is helping the post-trade industry to fill in the gaps with data.
AccessFintech and SIX partner to offer CSDR data service to clients
CSDR eligibility and penalty data looks to solve one of the major CSDR challenges - the sourcing of eligibility data.
DTCC processes 10 million SSIs as part of industry effort to minimise settlement failures
The landmark figure is part of an industry effort to significantly improve securities settlement efficiency rates ahead of the Settle Discipline Regime (SDR).
High rate of equities settlement failures in Europe remains a cause for concern
Market participants will be conscious of European settlement rates with incoming regulation on the horizon which penalises fails.
Trade associations push European regulators for clarity on CSDR settlement discipline rules
The trade bodies said many firms will be unable to make the necessary changes to their operations to meet the rules under the current timeline.
Industry associations relentlessly protest the SDR buy-in regime
As the consultation period for Europe’s Settlement Discipline Regime concludes, industry associations again step up calls for the removal of mandatory buy-ins.
Buy-side pressed for time to establish vendor relationships as one-year SDR countdown starts
For asset managers that seek to use a third-party vendor to manage their CSDR compliance, time is running out to finalise those relationships.
European Commission launches consultation to review CSDR and buy-in regime
The majority of industry bodies and market participants will most likely focus their feedback on the settlement penalties and the buy-in components of CSDR.