GC Perspective: Torstone's Brian Collings on Why CSDR is a Tough Sell

Collings, Brian
June 2015
Global Custodian News;Jun2015, p63
The author reflects on the concept of buy-in to enhance the safety and efficiency of transaction settlement by the Central Securities Depositories Regulation (CSDR). The author highlights certain provisions of the CSDR for the settlement of trading obligations and other market infrastructures. The author notes that the cash penalties is payable by the failing counterparties.


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