Poland Switches to T+2

The Central Securities Depository of Poland (KDPW) has shortened its settlement cycle to T+2, or two days after trade date, as of today.

European Parliament Adopts CSD Reg

The European Parliament has agreed a range of rules designed to govern the operation of central securities depositories (CSDs) and settlement cycles in the continent's financial markets, known as CSD Reg in industry shorthand.

Oslo Børs Readies T+2 for 2014

Oslo Børs VPS has announced that it will move settlement to a T+2 basis, or two days after trade, in line with regulation and investor requests, effective from October 6, 2014.

T2S and CSD Regulation to Obviate National Depositories

The double-tap effect of both the Target2-Securities (T2S) project and the implementation of the Central Securities Depositories (CSD) Regulation will spell the end of single-nation depositories, according to Jean-Michel Godeffroy, director general and…

The Road to Shorter Settlement Cycles

In March 2012, the wheels were set in motion for a pan-European Union move to shorter settlement cycles (SSC), following the publication of the proposed regulation for Central Securities Depositories Regulation for improving settlement efficiency (CSDR)…

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