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ISLA publishes CSDR penalties best practice guidelines

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Published on: 02 February 2022
Published by LNB News

LNB News 02/02/2022

Document Information

Issue Date: 02 February 2022

Published Date: 02 February 2022

Jurisdiction(s): United Kingdom

Article summary

The International Securities Lending Association (ISLA) has published best practice guidelines to help market participants with the implementation of the EU Central Securities Depositories Regulation (EU CSDR) settlement discipline regime, which entered into force on 1 February 2022. The guidelines seek to ensure that penalties are fairly distributed and applied to the party at fault.

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Jurisdiction(s):
United Kingdom

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