Cover IMF Staff Country Reports
Germany: Financial Sector Assessment Program: Detailed Assessment Of Observance Of The CPSS-IOSCO Principles For Financial Market Infrastructures–Clearstream Banking AG Frankfurt
Author:
International Monetary Fund. Monetary and Capital Markets Department
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 262
Language:
English
Publication Date:
03 Aug 2022
DOI:
https://doi.org/10.5089/9798400217128.002
ISBN:
9798400217128
ISSN:
1934-7685
Pages:
153
Keywords:
ASSESSMENT of OBSERVANCE; banking Frankfurt; infrastructure regulation; INFRASTRUCTURES-CLEARSTREAM BANKING AG; summary ASSESSMENT; Securities; Operational risk; Credit risk; Collateral; Credit; Global
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Clearstream Banking Frankfurt (CBF) is a highly interconnected financial market infrastructure that provides a critical service for German financial markets and beyond. CBF is the central securities depository (CSD) in Germany providing mainly custody and settlement services, having received its license pursuant to Art. 16 of the CSDR on January 21, 2020 allowing it to perform core CSD services as well as non-banking ancillary services. It is also the operator of two securities settlement systems (SSS). In addition, CBF was authorized on August 24, 2021 to provide banking-type ancillary services as envisaged under Art. 54 CSDR.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2022: Issue 262