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Europe calls for single CSD framework
07 March 2012
The European Commission wants to increase the safety and efficiency of CSDs
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European Commission
CSD
The European Commission has today proposed common rules for central securities depositaries (CSDs) as part of its drive to create a single European marketplace.The proposal is aimed at making European securities settlement safer and more efficient, as well as reducing the time it takes to settle securities, and also minimising settlement fails.“Settlement is a crucial process for securities markets and the financing...
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