The European Central Securities Depositories Association (ECSDA) has appointed Anna Kulik as its Secretary General. Ms Kulik takes over the role with immediate effect, following Soraya Belghazi, and will be the new face of European CSDs. …
20 Feb 2017 – The 2016 annual report of the association is available exclusively online and describes the key events that have marked the life of ECSDA in 2016.
You can also obtain an overview of ECSDA members and governing bodies as of 31 December 2016 by visiting the About section.
17 Feb 2017 – When a CSD participant enters into resolution, the challenge for the CSD and for financial regulators is to strike the right balance between, on the one hand, the need to preserve the safety and soundness of the CSD and to avoid any contagion to other participants in the CSD, and, on the other hand, the need to maintain access by the firm in resolution to critical CSD services to facilitate the resolution process. …
30 Nov 2016 – On 30 September, the European Securities Markets Authority (ESMA) issued draft technical standards under EU Regulation 2015/2365 on the securities financing transactions (SFTR) for public consultation. Commenting on the standards, ECSDA made two recommendations from a CSD perspective: …
30 Sept 2016 – Since late 2015, there has been some uncertainty as regards the treatment of CSDs under asset management legislation (AIFMD and UCITS) due to guidance issued by ESMA alluding to “custody” services of CSDs. The call for evidence on asset segregation and custody services issued by the European Securities and Markets Authority (ESMA) on 15 July 2016 seeks to clarify the matter.
2 Sept 2016 – In its response to the ESMA Discussion Paper on distributed ledger technology (DLT) in securities markets, ECSDA stresses the importance of sound governance and oversight.
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29 Aug 2016 – This year’s edition of the Factbook offers an up-to-date overview of the CSD landscape in Europe.
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29 Jul 2016 – How interconnected are CSDs? The latest ECSDA overview of CSD links reveals some interesting facts and figures on existing linkages between European CSDs.
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