On September 26th 2019, Securities Market Agency (ATVP) granted licence to KDD to continue providing services as a Central Securities Depository (CSD), pursuant to Article 17 of the Regulation (UE) 909/2014 on improving securities settlement in the European Union and on central securities depositories.
According to official announcement, KDD has arrangements in place to enable to meet all the requirements of Regulation (EU) 909/2014 relating to securities dematerialization, settlement discipline, organizational requirements, trade management, credit rating requirements, link requirements and requirements related to access to Central Securities Depository.
Announcement by KDD is available on KDD web page: https://www-en.kdd.si/trending/kdd-received-licence-to-operate-under-eu-csdr
Impact on investors: Expected changes of KDD Rules and Regulations in line with CSDR requirements