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Flashnews: The settlement disciplines regime (CSDR): A likely short-lived date

26/08/2020

September 14, 2020 lived, make way for February 1, 2021. This date was indeed officialized on August 24, 2020 via the publication in the OJ of the Union of a delegated act … but will it see the light of day?

If the announcement of a potential postponement in 2021 of the settlement disciplines regimes had been welcomed at the time, it is February 1, 2022 that is now in the minds of all and if possible, accompanied by a modified version of the disciplines (the correction of certain inconsistencies but above all the reduction of the buy-in requirement).

The next few months will be decisive.

Useful links:

28 July 2020: Article CSDR: Could the implementation of the future settlement discipline regime be pushed back by a year?
03 July 2020: Podcast CSDR: Get ready
05 March 2020: Article CSDR: The future settlement discipline regime

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