Disclosure
Information disclosure requirements under CSDR
Reports of settlement fails
Reports submitted annually to the competent authority regarding the number and cases of settlement fails, including measures envisaged by ATHEXCSD and its participants to improve settlement efficiency [art. 7 par. 1 CSDR]. Includes information set out in Annex III of Delegated Regulation (EU) 2018/1229 for the securities settlement system it operates on their website for free, including the relevant values in EUR. (The first annual report was available in February 2023).
| FILE NAME | TYPE |
| CSDR Settlement fails annual report 2022 | Download PDF |
| CSDR Settlement fails annual report 2023 | Download PDF |
| CSDR Settlement fails annual report 2024 | Download PDF |
Governance arrangements of ATHEXCSD
Governance arrangements and rules governing the activity of ATHEXCSD [art. 26 par. 4 CSDR]
| FILE NAME | TYPE |
| Governance arrangements and rules governing the activity of ATHEXCSD [art. 26 par. 4 CSDR] | Download PDF |
The target and policy regarding the representation of genders in the management body of ATHEXCSD
| FILE NAME | TYPE |
| The target, policy and its implementation regarding the representation of the under-represented gender in the management body of ATHEXCSD [art. 27 par. 4 CSDR]. | Download PDF |
Ownership status
| FILE NAME | TYPE |
| Information regarding the ownership of ATHEXCSD, and in particular, the identity and scale of interests of any parties in a position to exercise control over its operation (and any transfer of ownership rights) [art. 27 par. 7 CSDR] | Download PDF |
Governance arrangements of the User Committee
Governance arrangements of the User Committee [art. 28 par. 2 CSDR].
- Rulebook of the Hellenic Central Securities Depository (Section ΧΙΙ)
- Hellenic Central Securities Depository Resolutions/ Resolution 18 « Price list»
Criteria for participation in ATHEXCSD
Criteria for participation in ATHEXCSD [art. 33 par. 1 subpar. a' CSDR], procedures for the assessment of requests for access [art. 33 par. 2 CSDR].
- Rulebook of the Hellenic Central Securities Depository (Section ΙΙ Part 1, par. 1.3)
- Hellenic Central Securities Depository Resolutions/ Resolution 1 «Technical terms and procedures for the acquisition and function of the Participant status»
Prices and fees associated with core services
Prices and fees associated with core services. Disclosure of the prices and fees of each service and function provided separately. Price list. [art. 34 par. 1,2 CSDR].
- Rulebook of the Hellenic Central Securities Depository (Section ΧΙΙ)
- Hellenic Central Securities Depository Resolutions/ Resolution 18 « Price list»
Levels of protection and the costs associated with the different levels of segregation
Levels of protection and the costs associated with the different levels of segregation [art. 38 par. 6 CSDR]
Disclosure of Protections and Segregation Levels (art. 38 paragraph 6 of Regulation (EU) 909/2014)
Rules governing the finality of transfers of securities
Rules governing the finality of transfers of securities and cash in a securities settlement system [art. 39 par. 3 CSDR]
- Rulebook of the Hellenic Central Securities Depository (Section V)
- Hellenic Central Securities Depository Resolutions/ Resolution 5 «Technical terms and procedures for the provision of the Settlement Service»
Information regarding the risks associated with the services
A CSD shall disclose to all clients information that allows them to assess the risks associated with the services (art. 34 par. 5 CSDR)
- Rulebook of the Hellenic Central Securities Depository
- Hellenic Central Securities Depository Resolutions
Default rules and procedures
A CSD shall make its default rules and relevant procedures available to the public. (art. 41 par. 2 CSDR)
- Rulebook of the Hellenic Central Securities Depository (Section Ι, art. 2.5 & Part ΙΙΙ, art. 1.6)
- Hellenic Central Securities Depository Resolutions/ Resolution 5 «Technical terms and procedures for the provision of the Settlement Service» & Resolution 21 «Technical terms and procedures for the management of default situations of the Participants»
CSD Links
A CSD link shall be established and maintained under the following conditions: [...] (d) The requesting CSD shall make the legal and operational terms and conditions of the link arrangement available to its participants allowing them to assess and manage the risks involved. (art. 84 par. 1d Delegated Regulation (EU) 2017/392).
- Rulebook of the Hellenic Central Securities Depository (Section ΙΧ, Part 2, art.2.2)
- Hellenic Central Securities Depository Resolutions/ Resolution 9 «Technical terms and procedures for the provision of the Service of CSD Links & Access to D.S.S. of Market Infrastructure Operators»
| FILE NAME | TYPE |
| CSD Links of ATHEXCSD | Download PDF  |
ATHEXCSD Report on Principles for Financial Market Infrastructures (PFMI)
ATHEXCSD complies with the Principles for Financial Market Infrastructures (PFMI) published by the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) in April 2012. In cooperation with Thomas Murray, ATHEXCSD conducted the compliance assessment, according to the principles and key considerations described in the PFMI standard.
| FILE NAME | TYPE |
| PFMI Self Assessment Report | Download PDF |
The PFMI Principles
In April 2012, the Committee on Payment and Settlement Systems (CPSS) of the Bank for International Settlements (BIS), in conjunction with the International Organisation of Securities Commissions (IOSCO), published a document containing 24 principles and 5 responsibilities to be followed by financial market infrastructures, i.e. central securities depositories, clearing houses, and credit organisations, which are vital to the smooth operation of markets and financial stability.
The above mentioned principles aim to empower financial institutions through compliance with these principles, while also aiding institutions themselves to identify areas of improvement in terms of infrastructure and operations, so as to achieve highly efficient risk management practices.
In December, 2012, CPSS and IOSCO published the self-assessment methodology and disclosure framework that supports the above-mentioned principles. The methodology is considered a fundamental tool in documenting, but most importantly achieving compliance of institutions with these 24 principles.