Understanding the Latest Developments in the Central Securities Depositories Regulation (CSDR) Refit

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Date: 20th Feb, 2025 Source: In-House Country: European Union

Brief

On February 20, 2025, the European Securities and Markets Authority issued an update regarding CSDR Refit: ESMA publishes a first set of technical standards to recalibrate and clarify the framework. The technical standards aim to fine-tune the Central Securities Depositories Regulation (CSDR) by setting out rules for EU CSDs' review and evaluation, criteria for assessing substantial importance, and notifications from third-country CSDs.

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