Home / EU Law

Legal News

Council of the EU invites PRC to agree text of proposed Regulation to amend the CSDR concerning the introduction of a shorter settlement cycle

Copyright © 2025 LexisNexis

Published on: 06 May 2025

Published by LNB News

LNB News 06/05/2025

Document Information

Issue Date: 06 May 2025

Published Date: 06 May 2025

Jurisdiction(s): Eire and European Union

Article summary

The Council of the European Union has published an ‘I’ Item Note inviting the Permanent Representatives Committee (PRC) to agree to the text (ahead of negotiations with the European Parliament) of a Regulation to amend the EU Central Securities Depositories Regulation (Regulation (EU) 909/2014) to shorten the settlement cycle for transactions in transferable securities on trading venues from two business days (T+2) to one business day (T+1).

Popular documents

If planning permission imposes restrictions on a licensed premises opening hours, once operational can

If planning permission imposes restrictions on a licensed premises opening hours, once operational can the personal licence holder apply for a Temporary Events Notice (TEN) to open for longer hours than those permitted in the planning permission?To use any property for a licensable activity both

Micklefield clauses

Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is

Brussels I (recast)—domicile (Arts 4 and 63) [Archived]

Brussels I (recast)—domicile (Arts 4 and 63) [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note considers the general rule set out in Article 4 of Regulation (EU) 1215/2012, Brussels I (recast) when determining the relevance of a defendant’s domicile to

Where are misrepresentations made? Jurisdictional traps for the unwary (Bellmare Holdings Ltd v Wells)

Dispute Resolution analysis: The High Court has provided concise guidance as to how misrepresentation should be analysed when considering jurisdictional gateways. Under Article 5(3) of the Lugano Convention, in negligent misstatement cases, the place of the event giving rise to damage is normally