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CSDR Penalties

CSDR Penalties

Local Penalties>

Status: Under Review, Last Updated: 28/01/2022

Local Penalties
It is recognised that various markets include Settlement Penalty regimes, which may result in a credit or debit upon settlement failure.

Each party to a failing trade that triggers such penalties must be aware and responsible for related accounting of the penalty in addition to associated regulatory adherence and pass-on processes appropriate for that market. (IBP-335)

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