Consultation on Technical Standards under the CSD Regulation

Consultation on Technical Standards under the CSD Regulation

from 18 December 2014 to 19 February 2015


Who should read this paperThis 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, directly (e.g. settlement internalisers subject to the requirements under Article 9 of CSDR, and investment firms subject to the requirements under Article 6 of CSDR) or indirectly (e.g. registrars). 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.Responding to this paperESMA 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.    describe any alternatives ESMA should consider.ESMA will consider all comments received by 19 February 2015.All contributions should be submitted online at under the heading ‘Your input - Consultations’, using the reply form.Publication of responsesAll 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 protectionInformation on data protection can be found at under the heading Legal Notice.

Document available for this Consultation
18/12/20142014/1563Consultation paper on Technical Standards under the CSD Regulation


Activity Institution Download
VP Securities A/S
Federation of European Securities Exchanges
Interbolsa - Euronext Group
Irish Stock Exchange
London StocK Exchange Group
German Banking Industry Committee
The Bank of New York Mellon
Asset Management The Investment Association
Asset Management Wealth Management Association
Banking Division Bank and Insurance of the Austrian Economic Chamber
Banking EBF-European Banking Federation
Banking AFME
Banking Eurex Clearing AG
Banking oriel Securities Ltd
Banking Deutsche Bank AG
Banking Italian Banking Association (ABI)
Banking Deutsche Bank
Banking Deutsche Bank AG
Banking Association Française des Professionnels des Titres (AFTI)
Banking The Luxembourg Bankers' Association - the ABBL
Banking International Securities Lending Association
Banking Association of Global Custodians, European Committee
Banking DACSI
Government, Regulatory and Enforcement National Bank of Belgium
Government, Regulatory and Enforcement Sveriges Riksbank
Government, Regulatory and Enforcement CNMV ADVISORY COMMITTEE
Investment Services DTCC
Investment Services State Street Corporation
Investment Services ASSOSIM
Investment Services AMAFI
Investment Services Nordic Securities Association
Investment Services Swedish Securities Dealers Association
Issuers Computershare Investor Services PLC
Issuers Quoted Companies Alliance
Others This document provides common reply of the following national CSDs belonging to Nasdaq Group: Estonian CSD, Latvian CSD, Lithuanian CSD and Icelandic CSD (Nasdaq CSDs)
Others KDPW The Central Securities Depository of Poland
Others Centrální depozitář cenných papírů, a.s. (CSD Prague)
Others Deutsche Börse Group: Clearstream Banking Luxembourg S.A., Clearstream Banking Frankfurt AG, and LuxCSD S.A.
Others Oesterreichische Kontrollbank AG
Others ECSDA
Others T2S Advisory Group
Others Verdipapirsentralen ASA
Others Euroclear SA/NV
Others International Capital Market Association
Others Norwegian Securities Dealers Assosiation
Others International Capital Market Association
Others LCH.Clearnet Group Limited
Others The Association of Investment Companies
Others European Association of CCP Clearing Houses (EACH)
Others SWIFT
Others European Central Counterparty N.V.
Regulated markets, exchanges & trading systems BATS Chi-X Europe