On Tuesday 20 December, the Member States’ ambassadors to the EU (Coreper) agreed on their negotiating position on a proposed update of the ‘CSDR’ Regulation on Central Securities Depositories (CSDs).
“The Council wants to simplify the rules underpinning these settlements while preserving financial stability. This will make central securities depositories more efficient and competitive”, commented the Czech Minister for Finance, Zbyněk Stanjura, in a statement.
The aim of this...