Settlement Discipline: Assessing readiness for forthcoming regulation

The CSDR’s Settlement Discipline Regime (SDR), scheduled to apply from 1 February 2022, will affect all market participants who are active in securities settling via European CSDs.

SDR harmonises aspects of the settlement cycle and introduces new rules for cash penalties and buys-ins.

The settlement efficiency will be key to meeting the requirements of SDR.



With little more than 6 months to go, all market members are entering the final round of their preparations and testing.



The Euronext Settlement Discipline Webinar aims to provide an overview on the upcoming regime from the perspective of the primary players gathered to discuss current issues and address the key points for penalties and buy-in.

 

Agenda

- Opening remarks

Pierre Davoust, Head of CSDs, Euronext



- SDR implementation in the European Union

Stella Kaltsouni, Policy Officer at European Commission, DG FISMA

- Overview on open points, issues and risks

Sachin Mohindra, Executive Director - Market Solutions, Goldman Sachs



- Impact of the SDR on the secondary markets

Andy Hill, Senior Director, ICMA



- Panel: How market participants are getting ready for the new regulation

Marcello Topa, Director - EMEA Market Policy and Strategy, Citi

Alex Dockx, Executive Director - Industry Development, JP Morgan

Sophie Janssen, Head of Product Management, BNY Mellon

Michela Rabbia, Head of FI Product – Securities Services, Intesa Sanpaolo

Christine Strandberg, Regulatory Manager – Investor Services, SEB

Moderator : Alessandro Zignani, Head of Business Development, Monte Titoli



- How Euronext is supporting local markets

Paolo Carabelli, Manager Settlement and T2S – Product Development, Monte Titoli

Thomas Metier, Head of Business Operations, Euronext VPS



- Q&A and Closing