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Clearstream and Bourse Direct to passport German-issued securities into France
19 April 2021 France
Reporter: Maddie Saghir

Clearstream says Germany is the largest market for structured products in Europe with around 4 million structured products issued annually

Clearstream gains CSDR licences for its international CSD
14 April 2021 Luxembourg
Reporter: Maddie Saghir

The authorisation marks a key step in achieving full CSDR compliance for all of Clearstream’s CSDs

DTCC: complete industry engagement needed to move from T+2 to T+1
12 April 2021 US
Reporter: Maddie Saghir

Mike Bodson, president and CEO at DTCC, says: “I believe accelerating settlement should be right at the top of everyone's list"

EACH urges EC to agree with ESMA on a further delay to CSDR's SDR
01 April 2021 Belgium
Reporter: Maddie Saghir

EACH says a number of the provisions are simply not implementable because of their technical inaccuracy and some would also increase operational risk within the EU CSDR SDR

DTCC’s ALERT reaches new milestone with more than 10 million SSIs
31 March 2021 UK
Reporter: Maddie Saghir

DTCC ALERT, the web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs), has more than 10 million SSIs now included in the service

Broadridge and AccessFintech collaborate to transform resolution of settlement fails
23 March 2021 US
Reporter: Maddie Saghir

The solution is powered by Broadridge’s post-trade platforms and data, and incorporates AccessFintech’s cloud-based operations workflow model

CSDR: there are yet to be changes in industry behaviour
23 March 2021 UK
Reporter: Maddie Saghir

“The industry would like to start seeing trade fails come down to the point where the industry’s investment into this space will kick in but I'm certainly not seeing this yet," says BNY Mellon's Martin Smith

CSDR consultation responses show majority in favour of buy-ins becoming voluntary
19 March 2021 Belgium
Reporter: Maddie Saghir

Responses from the European Commission’s CSDR consultation found that 51 out of 91 respondents said the buy-in regime should change from a mandatory requirement to a voluntary one

Euroclear shifts €100bn of Irish securities from UK to EU operations
18 March 2021 Ireland
Reporter: Becky Bellamy

The settlement of Irish securities worth around €100 billion traded on Euronext Dublin markets on 15 March took place in Euroclear Bank on 17 March

Alliance of 14 trade body call for CSDR buy-in delay
12 March 2021 UK
Reporter: Drew Nicol

ISLA, ICMA and ISDA are among 14 trade bodies to renew calls for the buy-ins rules to be shelved until "essential" amendments are in place and give in-scope entities more time to prepare

EC publishes CSDR Inception Impact Assessment
12 March 2021 Brussels
Reporter: Maddie Saghir

The review, which will remain open until 5 April, will assess how the EU rules on central securities depositories are working

Symphony collaborates with AccessFintech to extend data sharing
10 March 2021 UK
Reporter: Maddie Saghir

AccessFintech’s data management and workflow solution will integrate with Symphony’s communication platform and trusted user directory