CSDR Settlement penalties 

We will calculate, report collect and distribute cash penalties for matched settlement instructions that have reached their Intended Settlement Date (ISD) and that either: 

  • matched after the ISD 
  • failed to settle or settled partially (penalised for the remaining unsettled amount) 
  • were put on hold 

Use your MyEuroclear credentials to access these pages for more information on the calculation, reporting, collection and distribution of cash penalties: 


Use your MyEuroclear credentials to access the e-Learning videos and supporting material  in which we explain how we will manage the settlement penalties process, including:  

  • Main principles 
  • Calculation and netting 
  • Monthly netting and collection
  • Reporting