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Opinion of the ECB on a proposal for a regulation amending the Central Securities Depositories Regulation

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On 26 September 2022, the European Central Bank (ECB) published an opinion on a proposal for a Regulation amending the Central Securities Depositories Regulation. In addition to welcoming the proposed Regulation and setting out certain general observations, the opinion also provides specific observations on the following:

  • Settlement discipline regime.
  • Cooperation between competent authorities and relevant authorities: review and evaluation.
  • Cooperation among competent authorities and relevant authorities: establishment of colleges.
  • Banking-type ancillary services.
  • Netting.
  • Default.

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