ECSDA Responds to the call for evidence on the SIU
On 6 June 2025, The European Central Securities Depositories Association (ECSDA) welcomes the opportunity to respond to the Call for evidence for an impact assessment Savings and Investments Union fostering integration, scale and efficient supervision in the single market, in advance of the more detailed contribution that will be provided with the response to the Targeted Consultation on integration of EU Capital Markets.
CSDs are regulated market infrastructures enabling issuance, settlement and servicing of securities in the EU capital markets, interconnecting companies and investors across the EU.
European CSDs play a key role in helping issuers and investors navigate Europe’s complex multijurisdictional landscape. They process corporate actions on behalf of issuers and for the benefit of entitled investors, ensuring compliance with the corporate laws of the 27 European jurisdictions and beyond.
By providing secure and increasingly harmonised services, CSDs protect financial stability, reducing counterparty failure risk, keeping safe and certain investors’ rights over assets, and promoting transparency. Through ongoing innovation and harmonisation efforts, they support market efficiency and help strengthen investor confidence across the EU.