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
