Search
Web
Site
Search
Close
Login
JOIN AFME
Login/Register
About Us
About Capital Markets
AFME Annual Review
Board
Careers
Women in finance charter
Introducing AFME
Our People
Subscribe to mailing lists
Sign up now
Divisions and committees
Accounting
Commodities
Compliance
Covered Bonds Trading
Credit
Equities Trading
Equity Capital Markets
Foreign Exchange
High Yield
Post Trade
AFME Due Diligence Questionaire 2021
Primary Dealers
Prudential Regulation
Public Policy and Advocacy
Recovery and Resolution
Securitisation
Tax/VAT
Spanish FTT – Indemnity Protocol
Technology & Operations
Key issues
Brexit
CMU
CSDR
CRR3
Digital Finance
Financial Crime
Financial Transaction Tax
IBOR Transition
Insolvency Reform
MIFID
NPLs
Securitisation
Sustainable Finance
Publications
Briefing Notes
Consultation Responses
Data Research
Reports
Subscribe to mailing lists
Sign up now
Resources
Glossary
Industry Guidelines
Standard Forms and Documents
Videos
Subscribe to mailing lists
Sign up now
News
AFME Press policy
Press Releases
Views from AFME
GFMA Weekly Updates
Subscribe to mailing lists
Sign up now
Events
AFME Events Calendar
Archived Events
Contact us
Supported Events
Subscribe to mailing lists
Diversity
Membership
Join AFME
FAQS
Foreign Exchange Membership
Members Directory
Register for AFME Members newsletter
Members' Briefing
Back
Home
Divisions and committees
Post Trade
Share this page
Close
Post Trade
Post trade focuses on the creation of a single integrated post-trading process for securities transaction in Europe
Overview
The Post Trade Division seeks to achieve harmonisation, standardisation and consolidation through best practice and regulation. Providing clearing, settlement and custody solutions to reduce costs and risks of market participants, the division’s work covers the operational, legal, tax, and regulatory aspects of post-trading.
GFMA Legal Entity Identifier
Market Standards for Corporate Actions Processing: Revised 2012 - Updated 2015
Buyer Protection Instruction March-May 2014
See our
CSDR
page
Key Priorities:
Contribute to the European Commission’s Capital Markets Union project in the post trade space
Represent and support members in the process of developing the T2S system
Work with members and policymakers to implement the complex buy in rules CSD Regulation
Promote, monitor and verify the implementation of the Markets Standards for Corporate Actions
Actively support the results of the European Post Trade Forum (EPTF) report
AFME Due Diligence Questionnaire
CSDR
The Central Securities Depositories Regulation (CSDR) is covered by AFME’s Post-Trade division and looks to increase the safety and efficiency of securities settlement.
See our CSDR page
Key Documents
Key Documents
View all
Key Documents
10 July, 2020
Survey of Topics for the CSDR Review – AFME Response
View Online
AFME Recommendations for Partial Settlement
View Online
22 January, 2020
Joint Trade Association Letter regarding Implementation of the CSDR Settlement Discipline Regime
AFME, toghether with 13 other trade associations, have written to the European Commission and ESMA to highlight the impact of the implementation of the CSDR Settlement Discipline Regime on European capital markets.
View Online
December, 2019
Framework of Platform for Managment of Buy-Ins under CSDR
With this framework AFME seeks to minimise the number of buy-ins as per article 7.10 of CSDR and automate the processing. These high level requirements have been developed to help vendors build the relevant enabling technology.
View Online
See more resources
View all
See more resources
2019
AFME Post Trade Due Diligence Questionnaire
Update – For 2020, please use this 2019 version. Network Managers were keen to see the document stabilised and no changes were made. This document aims to standardise and simplify the process of completing due diligence questionnaires for subcustodians.
View Online
May, 2018
A Roadmap for Integrated, Safe and Efficient Post Trade Services in Europe
Our vision is for a truly integrated, harmonised, low risk and low-cost post trading system in Europe, post trade infrastructures and service providers that compete in a harmonised and standardised operational, legal and regulatory environment, offering innovative and low-cost services to all users on a non-discriminatory basis.
View Online
Spanish Equity Cash Dividends: Market Practice for Failed Settlements
This document is intended to provide the details for a market practice to handle cash compensations (formally known within the industry as ‘market claims’), between trading counterparties, related to failed settlement of Spanish equity transactions over dividend record date (RD) post the market changes as part of the Spanish Market Reform (SMR).
View Online
15 May, 2017
Final Report of the European Post Trade Forum
In early 2016 the European Commission set up an informal expert group on post-trading, including the areas of collateral markets and derivatives. The objective of the EPTF was “to support the work of the Commission to review the developments in post-trading, including collateral management services, in line with the CMU, in order to promote more efficient and resilient market infrastructures in the EU”.
View Online
Contacts
Our experts are always on hand to help. Use the contacts below for any immediate queries regarding Post Trade:
Stephen Burton
Managing Director
[email protected]
+44 (0)20 3828 2678
Peter Tomlinson
Manager, Post Trade and Prime Services
[email protected]
+44 (0)20 3828 2684
Press Releases
Publications
Consultation Responses
Briefing Notes
Press Releases
Publications
Consultation Responses
Briefing Notes
See all press releases
Press Releases
AFME publishes joint Letter regarding Implementation of the CSDR Settlement Discipline Regime
11 Mar 2021
Press Releases
AFME publishes recommendations for partial settlement under CSDR
5 Mar 2020
Press Releases
AFME welcomes temporary equivalence for UK CCPs and CSDs in a no deal Brexit
19 Dec 2018
See all publications
Publications
Review of the CSDR – Delivering settlement discipline and supporting liquid and well-functioning European capital markets
12 Feb 2021
Publications
Introduction to Shareholders Rights Directive II
17 Mar 2020
Publications
Introduction to CSDR Settlement Discipline
16 Sep 2019
See all consultation responses
Consultation Responses
Joint Letter regarding Implementation of the CSDR Settlement Discipline Regime
11 Mar 2021
Consultation Responses
Optional Buy-ins under CSDR
10 Feb 2021
Consultation Responses
Cover letter: Targeted consultation on the review of CSDR
10 Feb 2021
See all briefing notes
Briefing Notes
AFME Recommendations for Partial Settlement
4 Mar 2020
Briefing Notes
AFME Outline on securities law reform
30 Sep 2016
Briefing Notes
AFME - T2S Wave1 Review and request for action following migration of Italian Market to T2S final
31 Dec 2015
AFME/OMFIF European Financial Integration Conference
AFME and OMFIF are pleased to announce their inaugural European Financial Integration Conference, in collaboration with Frankfurt Main Finance, on 14 & 15 June 2021 in Frankfurt.
More information