CSDR’s settlement discipline regime (SDR) goes into force on 1 February 2022. This will affect all market participants who are active in securities settling in European CSDs. SDR harmonises aspects of the settlement cycle and introduces new rules for cash penalties and buy-ins. Settlement efficiency will be key to meet the requirements of SDR. CSDR will have major impacts on middle office services.
BNP Paribas Securities Services is evolving our existing global middle office services to help our clients comply with CSDR. With the implementation date less than a year away, BNP Paribas Securities Services invites you to a webinar where our experts will provide a comprehensive overview of the product evolution of our global middle office offering.