- Banking licence for its German CSD marks final CSDR licence for Clearstream
- CSDR represents major step towards a harmonised European post-trade space
Deutsche Börse Group’s post-trade services provider Clearstream has obtained the CSDR licence for banking services for Clearstream Banking AG, its German central securities depository (CSD). The licence was granted by the German Federal Financial Supervisory Authority BaFin pursuant to Art. 54 CSDR (banking services). The authorisation is effective as of 24 August 2021.
The Central Securities Depositories Regulation (CSDR) set out with the goal to make markets more stable, transparent and efficient by regulating securities settlement and
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