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Deutsche Börse Group’s post-trade services provider Clearstream has obtained the CSDR licences for Clearstream Banking S.A., its international central securities depository (ICSD). The authorisation is effective as of 12 April 2021.
This authorisation represents a key step in achieving full CSDR compliance for all of Clearstream’s CSDs. The Central Securities Depositories Regulation (CSDR) set out with the goal to make markets more stable, transparent and efficient by regulating securities settlement and settlement infrastructures in a harmonised manner across the European Union (EU). CSDR entered into force in 2014; industry implementation of its CSD-specific measures is ongoing.
Stephan Leithner, Clearstream Chairman and member of the Executive...
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