So no C&S directive, but an ECB run settlement system?

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Author(s): 
Karel Lannoo
In:
Financial Markets, CEPS Commentaries
Date of publication: 
08 August 2006
Pages: 
2
File type: 
pdf
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This regulatory commentary comments on the Commission’s decision to solely impose a code of conduct for the Clearing and Settlement Industry as well as on the ECB’s proposal to centralize European settlement systems.