The European Central Bank (ECB) has announced that the Eurosystem will accept marketable assets issued in central securities depositories (CSDs) that use distributed‑ledger‑technology (DLT) services as eligible collateral for Eurosystem credit operations from 30 March. As with other marketable assets, these DLT‑based instruments must meet the Eurosystem’s collateral eligibility criteria and collateral management requirements. This includes settlement through eligible securities settlement…
By: A&O Shearman
By: A&O Shearman
