60 questions were asked, 29 European CSDs have responded. Having surveyed its members, The European Central Securities Depositories Association (ECSDA) now publishes the big matrix of how they are adapting to CSDR’s fail penalties and mandatory buy-ins – as well as an updated issue of its CSDR Settlement Fails Penalties Framework.
The responses to the 60 practical questions can be downloaded as an Excel sheet here.
Fresh from the print is also an updated version of ECSDA’s penalties framework. With highlights in grey for changes, and in yellow for assumptions that are pending feedback from authorities (ESMA or the European Commission), that 108-page document can be downloaded here, in PDF format.
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