Regulation on authorisation, supervisory and operational requirements for central securities depositories

This regulation establishes detailed technical standards for the authorization and operation of central securities depositories (CSDs). It aims to ensure the stability and efficiency of financial markets by setting strict requirements for how these institutions manage securities and handle settlement processes.

This affects financial institutions, banks, and investment firms that operate as or interact with central securities depositories. It introduces clearer supervisory rules to reduce systemic risk in the EU financial system.