Settlement Discipline Regime (SDR): ESMA proposes to postpone the buy-in regime - Update
On Wednesday, 24 November 2021, the European Parliament and Council agreed to postpone the implementation of mandatory buy-ins under the CSDR Settlement Discipline Regime to a date yet to be defined.
Update: On Friday, 17 December 2021, the European Securities and Markets Authority (ESMA) issued a public statement relating to the supervisory approach on the application of the CSDR mandatory buy-in provisions.
Important: The entry into force date for any other CSDR Settlement Discipline Regime aspects including the application of settlement fails penalties remains unchanged for 1 February 2022.
All Clearstream Banking customers are required to ensure their readiness by this date and are recommended to actively use the penalties testing facilities offered by Clearstream Banking.
Clearstream Banking will provide more information once it becomes available.