Central Banking

ECSDA calls for postponement on settlement system

The European Central Securities Depositories Association (ECSDA) has called for the European Central Bank to postpone plans to implement an integrated securities settlement system in the euro zone, the Financial Times reported.

It called for a suspension until it is known how the platform will be governed and operated.

According to the Financial Times report ECSDA, which is a trade association of 42 settlement bodies, has written to the ECB ahead of a meeting later this month where the central

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