OeKB CSD granted CSDR License

Austria
UniCredit Bank Austria AG
Summary: 
FMA granted OeKB CSD CSDR license as the single CSD in Austria
Fri, 03/08/2018

 

Today, 3 August 2018, OeKB CSD GmbH was granted a CSD license under Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories (CSDR) by the Austrian Financial Market Authority, FMA. The license confirms OeKB CSD's compliance with the regulatory requirements governing the organisation of CSDs in the EU. Obtaining the license was a prerequisite for OeKB CSD to be allowed to continue providing custody services to the Austrian capital market.

 

Impact on investors: OeKB CSD’s status as authorised CSD for the Austrian market under CSDR has been confirmed