Industry associations relentlessly protest the SDR buy-in regime
As the consultation period for Europe’s Settlement Discipline Regime concludes, industry associations again step up calls for the removal of mandatory buy-ins.
Tag: Buy-in regime
Post-Trade
By failing to prepare, you are preparing to fail
It’s time for the front-office to pay attention to settlement fails, writes Jonathan Watkins. Regulation is incoming and the costs and complexities are set to rise meaning this process will have a significant impact on traders.
ESMA confirms plan to delay Settlement Discipline Regime to 2022
The proposal came in response to a request from the European Commission to further postpone the Settlement Discipline Regime.
Regulators in ‘advanced talks’ to delay Settlement Discipline Regime to February 2022
Advanced discussions are underway among EU regulators to propose a delay, The TRADE understands, though confirmation of this could still be months away.
Regulation
UK confirms it will not adopt CSDR buy-in regime
The Treasury has said it will not implement SDR in February 2021, but UK firms will still have to comply with the buy-in regime for EU transactions.