Relations with the EU institutions
ECSDA is a recognised partner for the European Union institutions. The association participates in various official fora dealing with clearing and settlement issues such as the Contact Group of the Eurosystem on Securities Infrastructures (COGESI) or the Tax Barriers Business Advisory Group of the European Commission (T-BAG). ECSDA is also a member of the European Parliamentary Forum for Financial Services (EPFSF). ECSDA representatives also regularly discuss issues of common interest to depositories with the European Securities Markets Authority (ESMA), the European Central Bank (ECB) and national regulators.
As a European association, ECSDA also supports initiatives aimed at gobal convergence in post-trade. For instance, ECSDA regularly exchanges information with other regional CSD associations composing the World Forum of CSDs (WFC).