ESMA updates its CSDR Q&As

The updated Q&As include new answers regarding certain aspects of the regime applying to central securities depositories (CSDs):

  • CSDs’ investment policy;
  • access to CSDs; and
  • conditions to provide services in another Member State.

The purpose of this document is to promote common supervisory approaches and practices in the application of the CSDR. The Q&A mechanism is a practical convergence tool used for this purpose. It should also help investors and other market participants by providing clarity on the requirements. ESMA will periodically review these Q&As and update them where required.