CSDR: ESMA publishes Q&A

The European Securities and Markets Authority (ESMA) has published its first set of questions and answers (Q&A) on the Central Securities Depositories Regulation (CSDR). The Q&A follow the publication in the Official Journal of the CSDR Level 2 package.

The focus of the Q&As is CSD requirements provisions, which enter into force on 30 March 2017 and trigger the CSD authorisation process. Prospective CSD applicants can apply for authorisation at the end of September 2017.