In our CSDR Client Concerns series we’ve considered each of the points causing clients the greatest concerns ahead of CSDR and examined each in practice since CSDR go-live in Feb 2022. One issue which has only been lightly considered is that of liquidity. Has market liquidity been negatively impacted by increased regulation?

The European Settlement Regime has brought unexpected challenges for market participants in securities finance. In part 3 of our #CSDR concerns series, we explore the CSDR impact on collateral and the staggering impact on returns within the securities lending trade lifecycle.

In part 2 of our CSDR concerns series, we’re focused on the impact of the regulation on Standard Settlement Instructions and repository and how Settlement Monitor has saved thousands of pounds in CSDR fines for clients.

EquiLend surveyed our community of clients to better understand their concerns for the Central Securities Depositories Regulation (CSDR). In part one of our 5-part series, we’ll focus on the importance of pre-matching and the impact on returns introduced by CSDR.

CSDR is finally scheduled for implementation in February 2022, yet despite the delays, the requirement to prepare effectively for CSDR is no less for the uncertainty surrounding it.