Quarterly internalised settlement reporting

Article 9(1) of Regulation (EU) No 909/2014 (CSDR) introduced the obligation to report on internalised settlements on a quarterly basis.


Commission Delegated Regulation (EU) 2017/391 of 11 November 2016 sets out technical standards further specifying the content of internalised settlement reporting.


Commission Implementing Regulation (EU) 2017/393 of 11 November 2016 specifies the templates and procedures for the quarterly reporting and transmission of information on internalised settlements.

Circular CSSF 19/709 introducing quarterly internalised settlement reporting requirements pursuant to Article 9(1) of Regulation (EU) No 909/2014 (CSDR) specifies the scope of entities concerned, the file naming convention and other details relating to the communication channels for quarterly internalised settlement reporting.


The Final Report that includes the ESMA Guidelines on Internalised Settlement Reporting specifies which types of transactions should be reported as well as the quarterly internalised settlement reporting process.


The Technical Guidance for Settlement Internalisers - Report Validation Rules published by ESMA, as well as the XML templates, provide technical guidance for quarterly internalised settlement reporting.


The ISO 20022 XSD message for quarterly internalised settlement reporting was officially published on the ISO 20022 website on 10 October 2018. The ESMA documents below provide further information on the Message Definition Report.





These ESMA documents are also available on ESMA's website : https://www.esma.europa.eu/regulation/post-trading/settlement