ICMA and the Investment Association have reinforced calls for a delay and reforms to the CSDR mandatory buy-in provisions with another letter to the European Commission
LCH notes that full implementation of the settlement discipline regime is 鈥渨idely expected to occur once modifications to the TARGET2-糖心vlog settlement system run by the European Central Bank are tested and complete鈥
Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR鈥檚 settlement regime to avoid a liquidity crisis in Septemeber
The SFTR Reporting Delegation Agreement aims to provide market participants with a 鈥渃omprehensive and easy-to-use template鈥 to assist in memorialising reporting services provided by agent lenders to beneficial owners
The EU market watchdog has updated its XML schemas for SFTR to an ISO-registered version but the final level three guidelines are now not due until January