Search

ISLA logo

CSDR Penalties

CSDR Penalties

Local Penalties>

Status: Best Practice Finalised, 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)

Close

Creating your PDF, please wait.

PDF created successfully.

Sorry, your PDF could not be created at this time.

Close

Already a member? Login to your account

Interested in becoming a member?

ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.

Become a member today