Euroclear Finland has received authorisation from the Finnish Ministry of Finance to operate under EU’s Central Securities Depository Regulation (CSDR). 

CSDR’s main objectives are to create a consistent regulatory framework and a level playing field for CSDs’ and further support competition between CSDs’ in Europe. The need for a consistent regulatory approach to securities settlement and settlement discipline is, even more, pressing now in the evolution of the common European T2S settlement platform. The level playing field created by the CSDR and the recently completed CSD infrastructure renewal project position Euroclear Finland in the forefront among the European CSDs to enter the new phase of a more standards-based securities settlement. Following Euroclear France, Belgium and Nederland, Euroclear Finland is the fourth Euroclear Group CSD to receive the CSDR license. 

Euroclear Finland is a national central securities depository and securities settlement system operator with comprehensive issuance and post-trade services.

Euroclear group is the financial industry’s trusted provider of post-trade services. At the core, the group provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives to investment funds. The Euroclear group includes Euroclear Bank, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & Ireland.

Source: https://www.euroclear.com/finland/en/news-and-insights/news/Euroclear-Finland-receives-the-new-CSD-license.html