Consultation Paper - Amendment of Article 19 of CSDR RTS on Settlement Discipline

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; and
4. describe any alternatives ESMA should consider.

ESMA will consider all comments received by 9 September 2022.

All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’.

Who should read this paper?

All interested stakeholders are invited to respond to this consultation paper. In particular, this

paper may be specifically of interest to CCPs, CSDs and their clients.