ESMA updated the question and answer (Q&A) documents on the implementation of the European Market Infrastructure Regulation (EMIR) and Central Securities Depository Regulation (CSDR). The EMIR Q&A update provides clarification about reporting to trade repositories. The CSDR Q&A update addresses the CSDs’ investment policy and clarifies the requirement to have access to assets on the same business day when a decision to liquidate those assets has been made.
The Q&A mechanism is a practical convergence tool used to promote common supervisory approaches and practices. It is intended to help investors and other market participants by providing clarity on the regulatory requirements.
Keywords: Europe, EU, Securities, Q&A, EMIR, CSDR, Trade Repository, ESMA
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