Standards on Corporate actions, Collateral management & Triparty

On 30 December 2019, Eurosystem has officially published the European standards for Securities and Collateral for Corporate actions, collateral management, triparty collateral and billing (for the purposes of the Eurosystem Collateral Management System).

Although elaborate in the context of preparation for the ECMS, the Standards are expected to be relevant beyond its needs and relevant for Europe beyond Euro-zone.

The Standards were approved by the Advisory Group on Market Infrastructures in July. They were elaborated with the contribution of ECSDA members.

Relevant documents can be found here:

• Triparty Collateral Management: Single Collateral Management Rulebook for Europe
• Corporate Actions: Single Collateral Management Rulebook for Europe
• Collateral Management Harmonisation: Single Collateral Management Rulebook for Europe
• Billing Processes: Single Collateral Management Rulebook for Europe
• Monitoring Framework: Single Collateral Management Rulebook for Europe