A new era in securities settlement and custody markets
Koskinen, Jenni (09.06.2015)
Volyymi
89Numero
2/2015Julkaisija
Bank of Finland
2015
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201506101286Tiivistelmä
Finnish securities settlement and custody servicing is undergoing a major reform. The timetable is tight. The controlled execution of the projects, on time, is essential due to the systemic importance of the securities markets infrastructure and the competitiveness of the Finnish markets. The reform is based on the EU Regulation on central securities depositories, and the centralised platform for securities settlement, preparations for which have been headed by the ECB. These projects are considerable in terms of scale and are necessary for achieving sustainable cost and risk reductions.