TITLE

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

AUTHOR(S)
Collings, Brian
PUB. DATE
June 2015
SOURCE
Global Custodian News;Jun2015, p63
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
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.
ACCESSION #
109157797

 

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