Tag: SDR
Industry fears slowdown of CSDR preparedness following delay
Panellists at the Network Forum Autumn Meeting echoed fears that plans comply with the rules have been put on hold since the announcement of its delay.
Deutsche Bank launches early warning system for securities settlement delays
The new service is powered by Elastic, where the bank will use its machine learning and anomaly detection features.
ESMA confirms proposal to further postpone SDR to 2022
The proposal came in response to a request from the European Commission to further postpone the Settlement Discipline Regime.
Settlement Discipline Regime could be delayed to February 2022 in regulatory U-turn
Global Custodian understands advanced discussions are underway among EU regulators to propose a delay, though confirmation of this could still be months away.
UK rejection of SDR only impacts the few, but regulation as a whole continues to frustrate the many
Lobbyists likely to use UK decision to not implement the settlement discipline regime as further leverage in calls for a delay.
Europe’s CSDs add pressure on European Commission to delay buy-in regime
The association has urged the regulator to take ‘a holistic approach’ to postponing the Settlement Discipline Regime (SDR) by at least a year.
European Commission endorses CSDR push-back
The endorsement comes two months after the ESMA stated it would postpone enforcing CSDR's settlement discipline regime following an industry-wide lobby.
Trade association heavyweights step up call for regulators to delay CSDR buy-in regime
The consensus among both buy- and sell-side firms is that the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
Deutsche Bank releases CSDR compliance toolkit
The toolkit sets out a range of operational, trading and risk processes that need to be reviewed and enhanced ahead of the incoming settlement discipline regime.