Central Securities Depositories Regulation (CSDR): every version and what changed

Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 Text with EEA relevance

CSDR · 32014R0909 · Finance · newest amendment in force 17 January 2026

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What the tags on these versions mean

Version in force 17 January 2026

Made by Regulation (EU) 2023/2845 32023R2845 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2023/2845 of the European Parliament and of the Council of 13 December 2023 amending Regulation (EU) No 909/2014 as regards settlement discipline, cross-border provision of services, supervisory cooperation, provision of banking-type ancillary services and requirements for third-country central securities depositories and amending Regulation (EU) No 236/2012 (Text with EEA relevance)

5 changes in this version

1 where sources differ
All explained

02014R0909-20250117 → 02014R0909-20260117

Version in force 17 January 2025

Made by Regulation (EU) 2022/2554 32022R2554 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU) 2016/1011 (Text with EEA relevance)

1 change in this version

All explained

02014R0909-20240501 → 02014R0909-20250117

Version in force 1 May 2024

Made by Regulation (EU) 2023/2845 32023R2845 on EUR-Lex (external, EUR-Lex)

1 change in this version

All explained

02014R0909-20240116 → 02014R0909-20240501

Version in force 16 January 2024

Made by Regulation (EU) 2023/2845 32023R2845 on EUR-Lex (external, EUR-Lex)

37 changes in this version

35 substantive
2 without text
5 where sources differ
2 without an explanation

02014R0909-20220622 → 02014R0909-20240116

Version in force 22 June 2022

Made by Regulation (EU) 2022/858 32022R0858 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2022/858 of the European Parliament and of the Council of 30 May 2022 on a pilot regime for market infrastructures based on distributed ledger technology, and amending Regulations (EU) No 600/2014 and (EU) No 909/2014 and Directive 2014/65/EU (Text with EEA relevance)

1 change in this version

All explained

02014R0909-20160701 → 02014R0909-20220622

Version in force 1 July 2016

Made by Regulation (EU) 2016/1033 32016R1033 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2016/1033 of the European Parliament and of the Council of 23 June 2016 amending Regulation (EU) No 600/2014 on markets in financial instruments, Regulation (EU) No 596/2014 on market abuse and Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories (Text with EEA relevance)

2 changes in this version

1 where sources differ
All explained

32014R0909 → 02014R0909-20160701

Index of this act

Touched provisions

Art. 2 Modified Definitions
Art. 6 Modified Measures to prevent settlement fails
Art. 7 Modified Measures to address settlement fails
Art. 7a Inserted Mandatory buy-in process
Art. 12 Modified Relevant authorities
Art. 17 Modified Procedure for granting authorisation
Art. 19 Modified Extension and outsourcing of activities and services
Art. 20 Modified Withdrawal of authorisation
Art. 22 Modified Review and evaluation
Art. 22a Inserted Plans for recovery and orderly wind-down
Art. 23 Modified Freedom to provide services in another Member State
Art. 24 Modified Cooperation between authorities of the home Member State and of the host Member State and peer review
Art. 24a Inserted College of supervisors
Art. 25 Modified Third countries
Art. 26 Modified General provisions
Art. 27 Modified Senior management, management body and shareholders
Art. 27a Inserted Information to competent authorities
Art. 27b Inserted Assessment
Art. 27c Inserted Derogation for CSDs providing banking-type ancillary services
Art. 28 Modified User committee
Art. 29 Modified Record keeping
Art. 36 Modified General provisions
Art. 40 Modified Cash settlement
Art. 45 Modified Operational risks
Art. 47 Modified
Art. 47a Modified Inserted Deferred net settlement
Art. 49 Modified Freedom to issue in a CSD authorised in the Union
Art. 52 Modified Procedure for CSD links
Art. 54 Modified Authorisation and designation to provide banking-type ancillary services
Art. 55 Modified Procedure for granting and refusing authorisation to provide banking-type ancillary services
Art. 59 Modified Prudential requirements applicable to credit institutions or CSDs authorised to provide banking-type ancillary services
Art. 60 Modified Supervision of designated credit institutions and CSDs authorised to provide banking-type ancillary services
Art. 67 Modified Exercise of the delegation
Art. 68 Modified Committee procedure
Art. 69 Modified Transitional provisions
Art. 72 Deleted
Art. 74 Modified Reports
Art. 75 Modified Review
Art. 76 Modified Entry into force and application

Versions

17 January 2026 by Regulation (EU) 2023/2845
17 January 2025 by Regulation (EU) 2022/2554
1 May 2024 by Regulation (EU) 2023/2845
16 January 2024 by Regulation (EU) 2023/2845
22 June 2022 by Regulation (EU) 2022/858
1 July 2016 by Regulation (EU) 2016/1033

Dates named

Dates the amended text names

Every date an amendment added to or removed from a provision's text, as the parser read it, with the provision and the version. This is a list of dates the text contains. Whether a provision applies from one of them is stated for each change under "applies from", and nowhere else.

33 dates

2004-12-15 added to Art. 2 · in force 2024-01-16
2014-12-18 removed from Art. 49 · in force 2024-01-16
2015-01-18 removed from Art. 49 · in force 2024-01-16
2015-05-20 added to Art. 25 · in force 2024-01-16
2015-06-18 removed from Art. 6 · in force 2024-01-16
2015-06-18 removed from Art. 7 · in force 2024-01-16
2015-06-18 removed from Art. 22 · in force 2024-01-16
2015-06-18 removed from Art. 59 · in force 2024-01-16
2016-04-27 added to Art. 7 · in force 2024-01-16
2017-01-03 removed from Art. 76 · in force 2016-07-01
2017-06-13 removed from Art. 76 · in force 2016-07-01
2018-01-03 added to Art. 76 · in force 2016-07-01
2018-06-13 added to Art. 76 · in force 2016-07-01
2019-09-18 removed from Art. 75 · in force 2024-01-16
2022-12-14 added to Art. 45 · in force 2025-01-17
2024-01-16 added to Art. 67 · in force 2024-01-16
2024-01-16 added to Art. 69 · in force 2024-01-16
2025-01-17 added to Art. 7 · in force 2024-01-16
2025-01-17 added to Art. 22 · in force 2024-01-16
2025-01-17 added to Art. 25 · in force 2024-01-16
2025-01-17 added to Art. 26 · in force 2024-01-16
2025-01-17 added to Art. 49 · in force 2024-01-16
2025-01-17 added to Art. 54 · in force 2024-01-16
2025-01-17 added to Art. 59 · in force 2024-01-16
2025-01-17 added to Art. 69 · in force 2024-01-16
2025-01-17 added to Art. 74 · in force 2024-01-16
2025-02-17 added to Art. 49 · in force 2024-01-16
2025-07-17 added to Art. 6 · in force 2024-01-16
2026-01-17 added to Art. 7 · in force 2024-01-16
2026-01-17 added to Art. 69 · in force 2024-01-16
2026-01-17 added to Art. 74 · in force 2024-01-16
2027-01-17 added to Art. 69 · in force 2024-01-16
2029-01-17 added to Art. 75 · in force 2024-01-16