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20/06/2018
After the implementation of MiFID II, most of our clients are now turning their attention to Central Securities Depositories Regulation (CSDR) – the scope of which goes well beyond central securities depositories. CSDR affects all market participants, wherever located, which are active in securities that settle within a European CSD (including ICSDs)
The regulation will affect both direct and indirect CSD participants (including CCPs and settlement agents) and both buy and sell-side institutions. Whilst some of its details are yet to be finalised, we felt that it was valuable to share our insight on the regulation as it stands today and focus on its implications for our clients. We hope this handbook will help you to prepare for the changes ahead.
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