Market participants globally who settle securities trades at European CSDs are busy preparing for the new EU CSDR settlement discipline regime, going live in September 2020.
View this webinar, where specialists from HSBC Securities Services (HSS) cover the practicalities of the penalties and mandatory buy-ins requirements, with implications for the buy-side as well as banks and broker dealers.
Disclosure and disclaimerMore, collapsed
This document is issued by HSBC Bank plc (“HSBC”). HSBC is authorised by Prudential Regulation Authority and regulated by the Prudential Regulation Authority and Financial Conduct Authority (“FCA”) and is a member of the HSBC Group of companies (“HSBC Group”).
HSBC has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. However, some of the information in this document relates to draft rules and legislation which are not currently in force and are subject to change. Any charts and graphs included are from publicly available sources or proprietary data. Except in the case of fraudulent misrepresentation, no liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. HSBC is under no obligation to keep current the information in this document. You are solely responsible for making your own independent appraisal of and investigations into the products, investments and transactions referred to in this document and you should not rely on any information in this document as constituting investment or other advice. Neither HSBC nor any of its affiliates are responsible for providing you with legal, tax or other specialist advice and you should make your own arrangements in respect of this accordingly. The issuance of and details contained in this document, which is not for public circulation, does not constitute an offer or solicitation for, or advice that you should enter into, the purchase or sale of any security, commodity or other investment product or investment agreement, or any other contract, agreement or structure whatsoever. This document is intended for the use of clients who are professional clients or eligible counterparties under the rules of the FCA only and is not intended for retail clients. This document is intended to be distributed in its entirety. Reproduction of this document, in whole or in part, or disclosure of any of its contents, without prior consent of HSBC or any associate, is prohibited. Unless governing law permits otherwise, you must contact a HSBC Group member in your home jurisdiction if you wish to use HSBC Group services in effecting a transaction in any investment mentioned in this document. Nothing herein excludes or restricts any duty or liability of HSBC to a customer under the Financial Services and Markets Act 2000 or the rules of the FCA.
HSBC Bank plc
Authorised by Prudential Regulation Authority and regulated by the Prudential Regulation Authority and Financial Conduct Authority
Registered in England No. 14259
Registered Office: 8 Canada Square, London, E14 5HQ, United Kingdom
Member HSBC Group