Examples of EU CSDR in a sentence
More information on the EU CSDR Settlement Discipline Regime can be found in the MarketGuide - EU CSDR: Settlement Discipline, published at www.six-group.com > Login> Securities Service Private > MarketGuide > Country Information > Further Market Information > EU CSDR Settlement Discipline.
If, in relation to an ASP and a business day, the aggregate amount of EU CSDR Cash Penalties that the Clearing House determines is payable by it to EquityClear Clearing Members exceeds the aggregate amount of EU CSDR Cash Penalties it determines is payable from EquityClear Clearing Members to it, the Clearing House may recover such loss from all EquityClear Clearing Members on a pro rata basis as an additional fee for the EquityClear service.
The Clearing House may collect and distribute EU CSDR Cash Penalties, in respect of failed settlement instructions submitted to an ASP, to and from the relevant EquityClear Clearing Members.
For repos against collateral that includes a transferable security regulated under the EU MiFID and that have been traded or which it is possible to trade on a MiFIR-regulated trading venue (regulated market, multilateral trading facility or organised trading facility), which are subject to the settlement requirements of the EU CSDR, forward-forward repos are defined for the purposes of this survey as contracts with a purchase date of Monday, December 13, 2021, or later.
For repos against collateral that includes a transferable security regulated under the EU MiFID and that have been traded or which it is possible to trade on a MiFIR-regulated trading venue (regulated market, multilateral trading facility or organised trading facility), which are subject to the settlement requirements of the EU CSDR, forward-forward repos are defined for the purposes of this survey as contracts with a purchase date of Monday, December 12, 2022, or later.
This report summarises the main areas under review to ensure fulfilment of the objectives of the EU CSDR in a more proportionate, efficient and effective manner.
This requirement will also apply to any third country CSD benefiting at the point of exit from the transitional under the EU CSDR or the 2017 regulations.
For repos against collateral that includes a transferable security regulated under the EU MiFID and that have been traded or which it is possible to trade on a MiFIR-regulated trading venue (regulated market, multilateral trading facility or organised trading facility), which are subject to the settlement requirements of the EU CSDR, forward-forward repos are defined for the purposes of this survey as contracts with a purchase date of Monday, June 14, 2021, or later.
The ECSDA Framework (market practice) applies to all CSDs subject to the EU CSDR (text with EEA relevance) or alike regulation7.
For repos against collateral that includes a transferable security regulated under the EU MiFID and that have been traded or which it is possible to trade on a MiFIR-regulated trading venue (regulated market, multilateral trading facility or organised trading facility), which are subject to the settlement requirements of the EU CSDR, forward-forward repos are defined for the purposes of this survey as contracts with a purchase date of Monday, June 13, 2022, or later.