List of designated authorities, payment systems and securities settlement systems
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Update of the list of designated authorities and payment and securities settlement systems under the Settlement Finality Directive (Excel).
Plain-language version
ESMA, the EU watchdog for stock markets and investment products, has updated its list of payment and securities settlement systems covered by an EU directive, along with the authorities that oversee them. Settlement is the final step of a trade: you get the shares and the seller gets the money. It is a reference list, with no new rules.
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