Clearstream Obtains CSDR Licence from BaFin

Clearstream, Deutsche Börse Group's post-trade services provider, has obtained the Central Securities Depositories Regulation (CSDR) licence for banking services for Clearstream Banking AG, its German central securities depository (CSD).

The licence was granted by the German Federal Financial Supervisory Authority BaFin. The authorisation is effective as of 24 August 2021.

This authorisation represents the final step in achieving full CSDR compliance for all of Clearstream's CSDs. Clearstream's German CSD, international CSD (ICSD, Clearstream Banking S.A.) and Luxembourg CSD (LuxCSD S.A.) already hold licences. Its ICSD also holds a licence for banking services and an interoperable link.

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Earlier this month, Fazzaco reported that Clearstream has released its monthly figures for July 2021​, unveiling that its assets under custody reached EUR 16,380 billion, with a 12% increase compared to that of last July at EUR 14,650 billion.