Banks fear CSDR mandatory buy-in regime

The undisputed winner is settlement efficiency, though some argue the new rules solve a problem that doesn’t exist. Institutional investors and broker-dealers must start work now

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Two of the seven USD Libor maturities discontinued at the end of 2021, and the other five – overnight, one, three, six and 12 months – will follow in June 2023, we surveyed the market to gauge readiness