The operational implications and the heated debate around the Central Securities Depository Regulation's most controversial provision is impinging on the industry's move toward harmonizing post-trade processes.
The Central Securities Depository of Poland (KDPW) has shortened its settlement cycle to T+2, or two days after trade date, as of today.
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.
The long-mooted EU regulation governing the operation of central securities depositories (CSDs), known in industry shorthand as CSD Reg, gained provisional agreement in trilogue yesterday.
Euroclear UK and Ireland has said it is coordinating with a number of UK venues to ensure that shortened local settlement cycles will be in effect from 2014, in line with regulatory mandates.
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.
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…
This month, Omgeo's Tony Freeman takes us through one of the key enablers for reducing settlement times.
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)…