Tag: securities law

An overarching reform of securities laws?

An overarching reform of securities laws?

Today, ECSDA responded to the EU conflicts of law consultation. The legal certainty of securities settlement and holdings is of utmost importance for the resilience of CSDs’ ecosystems and the safety of their operations. For this reason, European CSDs have contributed in the past to the creation of conflict of laws rules, carefully crafted to address the special needs of securities settlement systems. ECSDA would like the legislators to ensure that the certainty provided by these rules is not altered in any new pieces of law. If a overarching reform needs to be done, either it needs to be done in full (if so also taking into account evolution of technology), or not at all. 

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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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