March 04, 2019 BY Valentina Kirilova

ESMA to recognize the UK Central Securities Depository in case of a hard Brexit

The European Securities and Markets Authority (ESMA) has issued a statement saying that it would recognize the UK Central Securities Depository (CSD) – Euroclear UK and Ireland Limited – as a non-EU CSD, which will allow it to offer its services within the European Union. ESMA made this decision so as to make it possible…

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