20 Oct 2014 – On 6 October 2014, 29 European markets* moved from a T+3 to a T+2 settlement cycle, in a “big bang” migration unprecedented in terms of it scale. Thanks to coordinated efforts by market players in all countries, the transition was very smooth and occurred without negative effects on settlement efficiency.
2 Sept 2014 – This year’s edition offers an up-to-date overview of the CSD landscape in Europe.
28 Aug 2014 – Following its publication in the Official Journal on Thursday 28 August 2014, the CSD Regulation (“CSDR”) will officially enter into force on 17 September 2014.
Many provisions, however, still require the adoption of implementing and delegated acts, most of which are currently under preparation by the European Securities Market Authority. …
15 July 2014 – On 9 April 2014, the European Commission issued a legislative proposal amending the Shareholders Rights Directive (SRD) of 2007. ECSDA looks at the expected impact of the proposal on central securities depositories (CSDs), and highlights some issues for consideration by the European legislator. …
22 May 2014 – ECSDA calls for a truly harmonised process for authorising and supervising central securities depositories in the European Union and warns against excessive recordkeeping requirements that seek to turn CSDs into ‘transaction repositories’. …
22 May 2014 – European CSDs make concrete proposals for building a workable European settlement discipline framework. …