European Repo Council chair threatens to call in EC over settlement times

Systemic risk associated with inadequate access to collateral has been cited as a result of the failure of ICSDs to speed up Bridge settlement

The EC may be called in over settlement times

The International Capital Market Association (Icma) and European Repo Council (ERC) have written to Clearstream and Euroclear complaining of their “significant disappointment” regarding progress to enhance Bridge, an electronic communications platform through which transactions between customers of the two market infrastructures are settled.

Improvements to Bridge are intended as the precursor to establishing tri-party settlement interoperability (TSI) between the two international central

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here