The Post-Trading Standing Committee prepares CESR’s work related to clearing and settlement of transactions in financial instruments, including the roles of entities such as central counterparties, central securities depositories and trade repositories.

In particular, the Standing Committee develops CESR policy in relation to these topics and represents CESR in the European and international discussions on these issues. In the absence of an EU regulatory framework, this work is conducted in a Level 3 capacity, in cooperation with other relevant European and international bodies (inter alia, the ESCB, CPSS-IOSCO, OTC Derivatives Regulators’ Forum and non-EU regulators and overseers). The Standing Committee will also advise the European Commission on the content of possible European legislation.

The Standing Committee also fosters supervisory convergence among CESR Members in its area of competence.

Any correspondence regarding the work of this Committee should be sent to the CESR Secretariat.