Central securities depositories

In accordance with Regulation (EU) 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012, "central securities depository" or “CSD” means a legal person that operates a securities settlement system referred to in point (3) of Section A of the Annex and provides at least one other core service listed in Section A of the Annex, notably:
1. Initial recording of securities in a book-entry system (“notary service”)
2. Providing and maintaining securities accounts at the top tier level (“central maintenance service”).

Internalised Settlement Reporting

According to Article 9(1) of Regulation (EU) No 909/2014 (CSDR), settlement internalisers shall report to the CSSF on a quarterly basis, the aggregated volume and value of all securities transactions that they settle outside securities settlement systems. This reporting requirement applies for all the credit institutions and investment firms within the scope of Circular CSSF 19/709 of 25 February 2019.

Banks

Investment fims