According to the European Commission Proposal of 24 September 2020 for a Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based on distributed ledger technology (COM(2020) 594) ‘DLT multilateral trading facility’ or ‘DLT MTF’ is a ‘multilateral trading facility’, operated by an investment firm or a market operator, that only admits to trading DLT transferable securities and that may be permitted, on the basis of transparent, non-discretionary, uniform rules and procedures, to:
(a) ensure the initial recording of DLT transferable securities;
(b) settle transactions in DLT transferable securities against payment; and
(c) provide safekeeping services in relation to DLT transferable securities, or where applicable, to related payments and collateral, provided using the DLT MTF.

 

 

 


 

 chronicle   Regulatory chronicle 

 

 

 

 

24 September 2020

 

Proposal for a Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based on distributed ledger technology, COM(2020) 594

 


 

 

IMG 0744   Documentation

 

 

 

 


 

 

clip2   Links