ESMA_QA_2926
Topic
CSD questions - Requirements for CSD services (reconciliation measures, asset segregation, settlement finality, participant default rules and procedures)
21/09/2026
Subject Matter
CSDs settlement assets
Question
Under the current CSDR framework, are CSDs allowed to settle in: a) tokenised central bank money, b) tokenised commercial bank money, and c) e-money tokens?
Level 1 Regulation
Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR
ESMA_QA_2925
Topic
CSD questions - Authorisation of CSDs
21/09/2026
Subject Matter
Integration of DLT settlement solution in CSD security settlement system
Question
Does the integration of DLT components, or more specifically, of a DLT settlement solution, into a traditional securities settlement system operated by a CSD require the authorisation of a new securities settlement system in accordance with Article 19(1)(c) of CSDR?
Level 1 Regulation
Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR
ESMA_QA_2924
Topic
General questions - Book-entry form
21/09/2026
Subject Matter
DLT and book-entry form definition
Question
Article 3 of CSDR refers to the requirement for transferable securities to be recorded in book-entry form. Does the use of distributed ledger technology (DLT) meet the definition of book-entry form? More broadly, can CSDs use DLT to provide CSD services under CSDR?
Level 1 Regulation
Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR
ESMA_QA_2891
Topic
48-hour rule
10/07/2026
Subject Matter
Access to dataset for factual error review
Question
When an ESG rating provider notifies an issuer or rated item for the purposes of a fact-checking review, is access to the respective dataset granted only upon request?
Level 1 Regulation
ESGR - Regulation (EU) 2024/3005
ESMA_QA_2890
Topic
48-hour rule
10/07/2026
Subject Matter
Scope of two working day notification period
Question
Do the two full working days encompass the notification to the rated item, the submission of a request for access to the information and the fact-checking review?
Level 1 Regulation
ESGR - Regulation (EU) 2024/3005