ISLA publishes response to ESMA consultation on CSDR

CSDR – our response to the ESMA consultation on buy-ins mechanics and responsibilities was submitted today.

A copy of the response (which was put together with the help of our CSDR subgroup) can be found here.

We also saw this week that ESMA has published its technical advice to the Commission on the CSDR which includes recommendation on the implementation of settlement penalties (fines).

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