Consultation on Draft Regulatory Technical Standards on the CSD Regulation

Consultation on Draft Regulatory Technical Standards on the CSD Regulation

from 30 June 2015 to 06 August 2015


Responding to this paper
ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1. Comments are most helpful if they:1.    respond to the question stated;2.    indicate the specific question to which the comment relates;3.    contain a clear rationale; and4.    contain quantitative elements to justify the arguments raised.ESMA will consider all comments received by 6 August 2015.
All contributions should be submitted online at under the heading ‘Your input - Consultations’.
Publication of responses
All contributions received will be published following the close of the consultation, unless you request otherwise.  Please clearly and prominently indicate in your submission any part you do not wish to be publically disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.
Data protection
Information on data protection can be found at under the heading Legal Notice.
Who should read this paper
This document will be of interest to all stakeholders involved in the securities markets. CSDR and the related technical standards will affect not only CSDs but also their participants, CCPs, and other entities. Given the provisions on the recognition of non-EU based CSDs this document may also be of interest to a number of non-EU stakeholders.

Document available for this Consultation
30/06/20152015/1065Draft Regulatory Technical Standards on the CSD Regulation-The Operation of the Buy-in Process


Activity Institution Download
BÖAG Börsen AG
London Stock Exchange Group
Banking Association of Global Custodians, European Focus Committee
Banking AFTI and FBF
Banking Italian Banking Association
Banking BNY Mellon
Banking Rabobank
Banking DACSI
Banking Eurex Clearing AG
Banking European Association of Public Banks
Banking The Luxembourg Bankers' Association - the ABBL
Banking Deutsche Kreditwirtschaft - German Banking Industry Committee
Banking European Banking Federation
Investment Services AMAFI
Investment Services International Capital Market Association
Investment Services Winterflood Securities Limited
Investment Services ASSOSIM - Associazione Italiana Intermediari Mobiliari
sped52-08-15.pdf (167.8 KB)
Investment Services IG Markets Limited
Issuers Association of Investment Companies
Issuers Quoted Companies Alliance
Others Euroclear SA/NV
Others European Central Bank / T2S Advisory Group
Others KDPW The Central Securities Depository of Poland
Others Association for Financial Markets in Europe (AFME)
Others European Association of CCP Clearing Houses (EACH)
Others ECSDA (European Central Securities Depositories Association)
Others Deutsche Börse Group: Clearstream Banking Luxembourg S.A., Clearstream Banking Frankfurt AG, and LuxCSD S.A.
Others International Securities Lending Association
Others Association for Financial Markets in Europe (AFME)
Others Joint Working Group ETF
Others The Investment Association
Others Centrální depozitář cenných papírů, a.s. (CSD Prague)
Regulated markets, exchanges & trading systems Federation of European Securities Exchanges
Regulated markets, exchanges & trading systems Boerse Stuttgart
Regulated markets, exchanges & trading systems Bulgarian Stock Exchange