Skip to main content

Clifford Chance

Clifford Chance
All
Briefings

Briefings

In this section

Impact of CSDR Settlement Discipline for the Buy-Side

23 June 2021

Buy-side firms, wherever established, which trade in-scope securities that settle on EEA central securities depositories (CSDs) should start preparing for the impact of new EU settlement discipline rules that will apply from 1 February 2022 (the Rules). The Rules have extra-territorial impact and will require amendments to a wide range of contractual arrangements and operational processes.

This briefing highlights the impact of the mandatory buy-in and penalties regime on buy-side firms introduced by the Regulation on Central Securities Depositories (CSDR).

Download PDF
  • Share on Twitter
  • Share on LinkedIn
  • Share via email
Back to top

Toolkits & Client Log-in