EU securities settlement, CSDs and amendment of Directive 98/26/EC

This procedure aims to improve the safety and efficiency of securities settlement within the European Union. It focuses on central securities depositories (CSDs) and updates existing rules to reflect market developments and enhance financial stability.

The changes will affect financial market participants, including investors and CSDs, by setting new standards for their operations and oversight. This aims to reduce risks and increase confidence in the EU's financial infrastructure.