and Irish equities, gilts, corporate debt, money market instruments, warrants, and English Law depository receipts that represent international securities (equities, Eurobonds, and international warrants). CREST settles and holds a wide range of securities, including U.K. & Ireland Limited (EUI), which is the Central Securities Depository (CSD) of the United Kingdom, Ireland, Jersey, Guernsey, and the Isle of Man.ģ.
2 This assessment covers the CREST securities settlement system (CREST) operated by Euroclear U.K. This assessment was undertaken in the context of an IMF Financial Sector Assessment Program (FSAP) exercise for the United Kingdom (U.K.) over the period January-July 2011, which included, inter alia, the Recommendations for Securities Settlement Systems (RSSS).
