Brussels, 23/07/2014 (Agence Europe) - On Wednesday 23 July, the EU Council of Ministers adopted a regulation introducing the requirement to register beforehand any security transaction on regulated platforms with one of the two dozen or so central securities depositories (CSD) in the EU, such as Clearstream Banking Luxembourg or Euroclear Bank (see EUROPE 11062).
The delivery deadlines for the securities have been harmonised at no more than 2 working days after the transaction and the...