The Hungarian capital market and, in particular, KELER Ltd. arrived at a milestone when today, on 29 September 2017, our company submitted its CSDR license application to the local regulators, the Hungarian National Bank.
As the only central depository of the Hungarian capital market, KELER is the most important element of issuing securities, the settlement of securities transactions, and CSDR as one of the most important regulations after the financial crisis, aimed at making the financial markets safer, more efficient and more transparent to establish a uniformly regulated European securities market.