Preparing for the Settlement Discipline Regime – CSDs, T2S and beyond
The discussion around CSDR implementation has focused largely on how the banks, custodians and asset managers are preparing, but the clock is also ticking for the CSDs as they finalise their plans ahead of implementation a year from now. Those CSDs using TARGET2-Securities (T2S) to record their positions and settle their participants’ transactions have collectively agreed with the European Central Bank that the platform […]