ESMA is preparing a new RTS to further postpone CSDR Settlement Discipline

ESMA is preparing a new RTS to further postpone CSDR Settlement Discipline

On 28 July, ESMA announced that it is preparing the new RTS to delay the entry into force of CSDR Settlement Discipline until 1 February 2022.

The delay is due to the impact of the COVID-19 pandemic on the implementation of regulatory projects and IT deliveries by CSDs.

ESMA aims to publish the final report on further postponing the date of entry into force of the RTS on settlement discipline by September. Following the endorsement of the RTS by the European Commission, the Commission Delegated Regulation will then be subject to the non-objection of the European Parliament and of the Council.

Find here the link to theĀ ESMA release.

Find theĀ request sent to ESMA by the European Commission

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