Trade associations demand SDR delay following recent EC communication
AFME, ISDA and ISLA among trade bodies to deliver the concise message of delay the settlement discipline regime.
Tag: SDR
European Commission considers changes to CSDR penalty regime
With seven months to go until the go-live of SDR, participants have grown increasingly worried they will be unable to make changes to operations to meet the rules.
Europe
Clearing post-Brexit: What happens now?
Following the UK’s official exit from the EU single market, regulators on both sides of the Channel appear to be splitting on post-trade regulations. What are the potential consequences of this on the post-trade industry, asks Joe Parsons.
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.
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.
European Commission launches consultation to review CSDR and buy-in regime
The majority of industry bodies and market participants will most likely focus their feedback on the settlement penalties and the buy-in components of CSDR.
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.