EC launched a public consultation on how to improve post-trade services used in financial transactions, including clearing, settlement, and collateral management. The public consultation seeks to gather views on a range of issues, such as the state of post-trade markets, the key trends and challenges faced by post-trade services providers and users, and the best ways to remove barriers, including through financial technology. The consultation closes on November 15, 2017.
As part of the Capital Markets Union Action Plan, EC is reviewing progress made in removing barriers to post-trade market infrastructure. On an average, cross-border trades remain more expensive than domestic trades and a more efficient post-trading environment could reduce such costs. In February 2016, as part of its review, EC created the European Post-Trade Forum (EPTF), which published a report assessing the evolution of the EU post-trade landscape and progress in removing barriers in May 2017. The results of this consultation will contribute to a Communication on post-trade, which is planned for the end of 2017 and to future legislative reviews.
Comment Due Date: November 15, 2017
Keywords: Europe, EU, Securities, Post-Trading, Capital Markets Union, Action Plan, FinTech, EC
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