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Published date: 24 June 2020

EC letter to ESMA on RTS on settlement discipline

Brussels,
FISMA C2 SK/cv Ares(2020) 3761873

Mr Steven Maijoor
Chair of the European Securities and Markets Authority
steven.maijoor@esma.europa.eu

Subject: Entry into force of the Regulatory Technical Standards on settlement discipline

Dear Mr Maijoor,

I am writing about the entry into force of the RTS on settlement discipline[Commission Delegated Regulation (EU) 2018/1229 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on settlement discipline, OJ L 230, 13.9.2018.] which triggers the application of the settlement discipline regime in the CSDR[Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012, OJ L 257, 28.8.2014.]

The Commission adopted in May 2020 a Commission Delegated Regula