Consultation on Proposed CSD Regulatory Framework

The Monetary Authority of Singapore released a consultation paper proposing to update and enhance the regulatory regime for central securities depositories. This is a new regulatory framework being developed for CSDs operating in Singapore's market infrastructure. The consultation invited public comment on the proposals before finalisation.

Affected parties include central securities depositories and market infrastructure operators who should monitor the outcome of this consultation and prepare for potential compliance obligations under the updated framework once it is finalised. Financial institutions that rely on CSD services should also track developments to understand any downstream operational requirements.