QUICK DEFINITION
Central Securities Depository — Infrastructure that records securities ownership and supports securities settlement and related services.
WHY IT MATTERS
Why Central Securities Depository matters in finance
CSD availability and data integrity are critical to functioning securities markets.
FINANCIAL SYSTEM CONTEXT
← Back to the Financial Security GlossarySecurity is also a market-infrastructure question
In financial services, central securities depository should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.