The European Commission refused to delay the implementation date of the Shareholder Rights Directive (SRDII), as asked by several industry bodies. Therefore, issuers, CSDS and all other financial intermediaries will need to be ready and compliant by September 3 2020. It means that a lot of players will need to accelerate their efforts in the upcoming three months !
#srdII #regulation #covid19 #shapingthefuture #finance
https://ecsda.eu/wp-content/uploads/2020/06/2020_06_08_ECSDA_Letter_to_the_EC_on_the_SDR_Postponement.pdf