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ESMA: Publishes its report on the use of Fintech by CSDS | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

ESMA: Publishes its report on the use of Fintech by CSDS

ESMA: Publishes its report on the use of Fintech by CSDS

  • ESMA is an independent EU Authority that was established in 2011. It works closely with the national competent authorities
  • Published its Report on the use of FinTech by Central Securities Depositories (CSDs)
  • Gathered the views of NCAs and relevant market participants on their experience with and planned future use of FinTech
  • Distributed-ledger Technology (DLT), as well as on whether the current regulatory framework represents a barrier
  • The report contains suggestions in a number of areas in which targeted amendments to the CSDR
  • The Company recommendations will inform the European Commission’s targeted CSDR review

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