Category: Publications

ECSDA responds to the European Commission’s consultation on FinTech

ECSDA responds to the European Commission’s consultation on FinTech

In its response, ECSDA expresses its support of technological innovation, including in the areas directly linked to CSD activities. ECSDA notes that due to the competing priorities of reducing costs, responding to margin pressure and the needs of a single access point, the borders between different business models in financial and other markets are likely to be blurred. At the same time, the need for a regulated entity which provides fundamentally important services for the economy is only likely to be enhanced.

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Account segregation at CSDs

Account segregation at CSDs

13 Oct 2015 – Based on data collected from 41 CSDs across Europe, ECSDA’s new report describes existing account segregation practices with a view to inform the current debate on the optimal level of segregation, focusing on the perspective of central securities depositories.

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2014 Annual Report now available online

2014 Annual Report now available online

24 Feb 2015 – This year, the ECSDA annual report is published in the form of an online blog highlighting the key events that have marked the life of the association in 2014.

You can also obtain an overview of ECSDA members and governing bodies as of 31 December 2014 by visiting the About section.

CSDs support shareholder transparency

CSDs support shareholder transparency

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.

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A new framework for CSD authorisation

A new framework for CSD authorisation

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’.

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