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05 May 2004

CESR/ESCB Draft Standards for Securities Clearing and Settlement





The ESCB-CESR Working Group published the draft standards for Securities Clearing and Settlement in the European Union taking into account the comments received during the last consultation. ESCB-CESR received conflicting comments with regard to Standard 6 on the regulation of CSDs, and on Standard 9 on the management of credit exposures.

Central bank for Europe's single currency area
www.ecb.eu',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">ECB draft srandards c+s.pdf' target='_blank'>Document


© ECB - European Central Bank


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