CSDR

In the aftermath of the financial crisis in 2008, regulators worldwide took up their obligation to respond with a wave of regulatory reforms. The European key regulations include the European Market Infrastructure Regulation (EMIR), Markets in Financial Instruments Directive II (MiFID II) and the Central Securities Depositories Regulation (CSDR), which aim to increase the efficiency and security of the settlement processes within the European financial market.

Key challenges

• Implementation of the reporting requirements
• Contracting of and connecting to a buy-in agent
• Contract negotiations with clients or service providers
• Bookkeeping for cash penalties and buy-ins

Our approach

LPA has developed a modular one-stop-shop to support efficient fulfillment of the CSDR settlement discipline requirements.

CSDR Management Tool

The LPA CSDR Management Tool enables the client to create, manage and distribute CSDR settlement discipline relevant reports and documents automatically within one tool.

Market data provider connection

The connection enables the client with the full range of CSDR relevant data like CSDR relevance on ISIN level or the current market value of a specific ISIN.

Indirect buy-in agent set up

Contractual and technical connection to the buy-in agent by our partner DWP Bank.