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UK Central Securities Depository Granted Temporary Recognition by the European Securities and Markets Authority
12/11/2020The European Securities and Markets Authority has announced that Euroclear UK & Ireland Limited, a central securities depository established in the U.K., will be granted recognition under the EU CSD Regulation. The recognition will allow Euroclear UK & Ireland Limited to continue to provide certain services to EU customers after the end of the Brexit transitional period until at least June 30, 2021. ESMA's recognition decision follows the November 2020 temporary equivalence decision granted to U.K. CSDs.
View ESMA's announcement.
View details of the EU's equivalence decision for U.K. CSDs.
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Financial Regulatory Developments Focus