Clearstream Germany CSD wins licence

By GlobalCapital
22 Jan 2020

Clearstream has obtained a Central Securities Depositories Regulation (CSDR) licence for its German central securities depository (CSD), Clearstream Banking AG.

The CSDR aims to increase the safety and efficiency of securities settlement and settlement infrastructure in the EU as well as to establish an enhanced level playing field among CSDs.

For CSDs, the regulation is intended to create a harmonised set of rules for authorisation, operation and governance, ...

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