Published on 16 March 2017
Press release

Publication by ESMA of questions and answers relating to Regulation (EU) No 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 (“CSDR”)

Press release 17/13

The European Securities and Markets Authority (ESMA) published on 13 March 2017 the questions and answers (Q&A) relating to the implementation of the Regulation (EU) No 909/2014 (CSDR) on improving securities settlement in the EU and on central securities depositories.

The purpose of this document is to support common supervisory approaches and practices in the application of CSDR by providing responses to questions posed by the general public, market participants and national competent authorities (NCAs) in relation to the practical application of CSDR.

The objective of the document is to provide clarity on the implementation of CSDR requirements by CSDs, their participants, investors and other market participants.

The Q&A are available on ESMA’s website at: