IMF Staff Country Reports

Germany: Financial Sector Assessment Program: Detailed Assessment Of Observance Of The CPSS-IOSCO Principles For Financial Market Infrastructures–Clearstream Banking AG Frankfurt

August 3, 2022

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Germany: Financial Sector Assessment Program: Detailed Assessment Of Observance Of The CPSS-IOSCO Principles For Financial Market Infrastructures–Clearstream Banking AG Frankfurt", IMF Staff Country Reports 2022, 262 (2022), accessed November 7, 2025, https://doi.org/10.5089/9798400217128.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

Clearstream Banking Frankfurt (CBF) is a highly interconnected financial market infrastructure that provides a critical service for German financial markets and beyond. CBF is the central securities depository (CSD) in Germany providing mainly custody and settlement services, having received its license pursuant to Art. 16 of the CSDR on January 21, 2020 allowing it to perform core CSD services as well as non-banking ancillary services. It is also the operator of two securities settlement systems (SSS). In addition, CBF was authorized on August 24, 2021 to provide banking-type ancillary services as envisaged under Art. 54 CSDR.

Subject: Collateral, Credit, Credit risk, Financial institutions, Financial regulation and supervision, International organization, Monetary policy, Money, Operational risk, Securities

Keywords: ASSESSMENT of OBSERVANCE, Banking Frankfurt, Collateral, Credit, Credit risk, Global, Infrastructure regulation, INFRASTRUCTURES-CLEARSTREAM BANKING AG, Operational risk, Securities, Summary ASSESSMENT

Publication Details

You May Also Be Interested In...

Uruguay: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay

October 30, 2025

Ecuador: Third Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Rephasing, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

October 29, 2025

Navigating the 2022 Inflation Surge

October 24, 2025

The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition

October 16, 2025