Directive 2009/44/EC amending the Settlement Finality Directive and the Financial Collateral Arrangements Directive
| 10.06.2009 | Publication of Directive 2009/44/EC of the European Parliament and of the Council of 6 May 2009 amending Directive 98/26/EC on settlement finality in payment and securities settlement systems and Directive 2002/47/EC on financial collateral arrangements as regards linked systems and credit claims |
| 24.04.2008 | The Commission has adopted a proposal to amend the Settlement Finality Directive and the Financial Collateral Arrangements Directive in order to bring both Directives in line with market and regulatory developments in the post-trading area. |
Commission evaluation of Settlement Finality Directive
- Commission consults industry on evaluation of the Settlement Finality Directive (consultation closed)
- Press release (16.05.2006)
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Information note
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Comments received
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Evaluation Report (adopted by the Commission on December 15th, 2005)
Directive 98/26/EC
Directive of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems
Official Journal L 166 , 11/06/1998 P. 0045 - 0050
- Text of Directive 98/26/EC
- Summary of Directive 98/26/EC
- Status of implementation (national laws)
Notifications to the Commission
- National authorities to notify opening of insolvency proceedings (Article 6)
- Designated Payment and Security Settlement Systems (Article 10)