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CSDR is a regulation that has been released as part of the Capital Markets Union to sustain the EU’s Global Competitiveness. CSD’s will have to apply for the necessary licenses with submission of documentation scheduled for September 2017.

Once this has been completed and the licenses have been approved then the market can move to be CSDR compliant which will seek to harmonise the different CSDs oversight in Europe and to establish an Enhanced operational efficiency and asset protection levelling the playing field for CSD’s in Europe allowing CSD customers to enjoy reassurance and transparency from their chosen CSD.

Skillfinder International will be working with multiple CSD’s to provide solutions and opportunities present within the CSDR programme, we will also be closely monitoring CSD customer readiness to ensure that the market readiness stays at a consistent level so we may assist when necessary for resource on-boarding, workshop and steering meetings along with feasibility studies.