The deal, which is expected to complete by the end of Q3 2023 subject to approvals, will include custody and global custody FX, securities lending, fund services and middle office, along with RBC Investor Service’s service centre in Malaysia
The US regulator observes that from the 10,000 tokens currently issued in the digital asset marketplace, the large majority of these are securities and are covered under existing securities laws
As the second day of the Risk Management Association’s conference came to a close, the final panel highlighted where the most interest in the marketplace lies for tokenised and traditional assets or cryptoassets
A morning panel on day two of the Risk Management Association’s (RMA) 37th Securities Finance & Collateral Management Conference discussed why market liquidity in the treasury market has been poor
The first panel of the day brought together experts to share their thoughts on the global macro environment and the risk this brings to the securities finance industry
Closing day one of the Risk Management Association (RMA) conference, the final set of panellists discussed the proposals submitted to the Securities and Exchange Commission (SEC) by the RMA Securities Lending Council
The Risk Management Association (RMA) provided an association update in one of its afternoon panels on day one of the RMA conference, discussing the next steps for a number of its committees
The regulatory environment continues to evolve with the need to constantly assess the impact of the current regulatory landscape. A group of panellists discussed the upcoming SEC actions relevant for banks
Stakeholders are demanding more transparency from firms in terms of DEI initiatives, as analysis indicates that 77 per cent of consumers say they are more likely to purchase from companies that share their values
John Moran, former head of securities finance business development at BNY Mellon, has been appointed APAC head of client services at J.P. Morgan, bolstering the firm’s collateral team
Provable Markets has completed the first securities lending transaction cleared through DTCC's new Securities Finance Transaction Clearing Service, with the aid of its alternative trading system Aurora
This service is designed to enable Citi’s financial institution customers to make USD payments 24 hours per day, 7 days per week including public holidays