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Euronext Securities Achieves Full CSDR Compliance

Written by Shanny Basar | Feb 2, 2022 9:15:06 AM

Euronext Securities has successfully obtained Central Securities Depository Regulation (CSDR) licences for its four CSDs. The last licence to operate under the CSDR was granted to Euronext Securities Oslo by the Norwegian FSA on 28 January 2022, and will take effect as of 1 March 2022.

This authorisation represents the final step in achieving full CSDR compliance for Euronext Securities, the CSD network connecting European economies to global capital markets. Euronext Securities Copenhagen, Milan, and Porto already hold licences under CSDR. It paves the way for Euronext’s strategy to pan-Europeanise and scale up Euronext Securities.

The goal of the Central Securities Depositories Regulation (CSDR) is to make markets more stable, transparent, and efficient by regulating securities settlement and settlement infrastructures in a harmonised manner across the European Union and the European Economic Area (EEA).

This is an important milestone for Euronext Securities Oslo. The licence secures Euronext Securities’ ability to continue to provide a stable and efficient market infrastructure for the dynamic Norwegian capital market, attracting issuers, investors and market participants from all over the world.

Source: Euronext