ESMA Issues Responses to Proposal on Internalized Settlement Reporting
ESMA published the 16 responses it received to the consultation on guidelines on internalized settlement reporting under Article 9 of Central Securities Depositories Regulation (CSDR). The consultation came out on July 10, 2017 and ended on September 14, 2017.
Internalized settlement refers to transactions that are settled outside the securities settlement systems operated by the CSDR. These guidelines apply in relation to the internalized settlement reporting and to the exchange of information between ESMA and competent authorities regarding the internalized settlement. According to Article 9(1) of the CSDR, settlement internalizers shall report to the CSD national competent authorities in their jurisdiction; the settlement internalizers will report the aggregated volume and value of all securities transactions that they settle outside the securities settlement systems on a quarterly basis. The national competent authorities then transmit this information to ESMA and have to inform ESMA of any potential risk resulting from that settlement activity.
Related Link: Consultation and Responses
Keywords: Europe, Securities, CSDR, Internalized Settlement, Reporting, Guideline, ESMA
Previous Article
EC Adopts Rules to Prevent Mis-Selling of Insurance ProductsRelated Insights
|
News
BoE Publishes the Schedule for Statistical Reporting for 2019BoE published the updated schedule for statistical reporting for 2019. The reporting institutions use the online statistical data application (OSCA) to submit statistical data to BoE.
January 16, 2019
WebPage
Regulatory News
|
|
News
PRA Delays Final Direction on Reporting of Private SecuritizationsPRA and FCA have delayed the issuance of final direction, including the final template, on reporting of private securitizations, from January 15, 2019 to the end of January 2019.
January 15, 2019
WebPage
Regulatory News
|
|
News
SNB Updates Forms on Supervisory Reporting for BanksSNB published Version 1.7 of reporting forms (AUR_U, AUR_UEA, AUR_UES, AURH_U, AUR_K, AUR_KEA, and AURH_K) and the related documentation for supervisory reporting on an individual and consolidated basis.
January 15, 2019
WebPage
Regulatory News
|
|
News
BCBS Finalizes Market Risk Capital Framework and Work Program for 2019BCBS published the final framework for market risk capital requirements and its work program for 2019. Also published was an explanatory note to provide a non-technical description of the overall market risk framework, the changes that have been incorporated into in this version of the framework and impact of the framework.
January 14, 2019
WebPage
Regulatory News
|
|
News
EBA Single Rulebook Q&A: First Update for January 2019EBA published answers to 13 questions under the Single Rulebook question and answer (Q&A) updates for this week.
January 11, 2019
WebPage
Regulatory News
|
|
News
PRA Proposes to Amend Supervisory Statement on Credit Risk MitigationPRA published the consultation paper CP1/19 that is proposing changes to the supervisory statement (SS17/13) on credit risk mitigation.
January 10, 2019
WebPage
Regulatory News
|
|
News
FASB Issues Q&A on Estimating Credit Loss ReservesFASB issued a question-and-answer (Q&A) document that addresses particular issues related to the weighted average remaining maturity (WARM) method for estimating the allowance for credit losses.
January 10, 2019
WebPage
Regulatory News
|
|
News
FED Updates Reporting and Supplemental Instructions for Form FR Y-9CFED published the updated reporting instructions and supplemental instructions for the FR Y-9C reporting form. The reporting frequency for FR Y-9C is quarterly, as of the last calendar day of the quarter.
January 09, 2019
WebPage
Regulatory News
|
|
News
PRA Updates Policy on Liquidity Reporting Under FSA047/048 and PRA110PRA published the policy statement PS1/19 that provides feedback to responses to the consultation paper CP22/18 titled "Liquidity reporting: FSA047 and FSA048" and the proposal in CP16/18, which intended to correct the level of consolidation of the PRA110 reporting requirements.
January 08, 2019
WebPage
Regulatory News
|
|
News
FED Proposes to Amend Company-Run Stress Testing RequirementsFED proposed to modify company-run stress testing requirements to conform with the Economic Growth, Regulatory Relief, and Consumer Protection (EGRRCP) Act.
January 08, 2019
WebPage
Regulatory News
|
