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Geggus becomes global agency lending head at BNP Paribas Securities Services
01 November 2021 Global
Reporter: SFT

Andrew Geggus is appointed as global head of agency lending at BNP Paribas Securities Services, with Graeme Perry becoming director of trading strategy and relationships

Deutsche Börse launches CSDR reference data set
01 November 2021 Germany
Reporter: Carmella Haswell

The data packages will help to manage risks and prioritise settlement fails, reconcile cash penalties and prepare for buy-ins, allowing clients to manage the new regulatory requirements of the European Central Securities Depositories Regulation

Citi appoints Victor Alexiev to global head of D10X ICG
29 October 2021 Singapore
Reporter: Carmella Haswell

As the global head of D10X institutional clients group (ICG), Victor Alexiev will lead a team to accelerate the development of new solutions and will continue to work closely with teams across the business to identify new opportunity spaces

Refinitiv launches regulated Tokyo Swap Rate to facilitate industry transition from LIBOR
28 October 2021 Tokyo
Reporter: Carmella Haswell

Tokyo Swap Rate is accessible on Refinitiv products including Workspace, Eikon, DataScope and Refinitie Real-Time for swaps referencing the Tokyo Overnight Average Rate (TONA)

EquiLend enhances Premium Pulse transaction data service
28 October 2021 US
Reporter: SFT

According to EquiLend, Premium Pulse offers real-time information on more than 75,000 trades per day, bridging global equities and global fixed income updated around the clock

B. Riley Financial hires Christopher Gillespie
27 October 2021 US
Reporter: Carmella Haswell

Christopher Gillespie has been appointed director of equity finance at B. Riley Financial’s New York office

European Commission issues banking legislative package, finalising Basel III implementation in EU
27 October 2021 EU
Reporter: Bob Currie

Review of the Capital Requirements Regulation and Capital Requirements Directive aims to make banks more resilient to economic shocks, while facilitating transition to carbon neutrality and supporting recovery from the pandemic

ISLA publishes French version of ‘Framing securities lending for the sustainability era’
27 October 2021 UK
Reporter: Carmella Haswell

The white paper produced jointly by ISLA and law firm Allen & Overy, looks at the role of lending in the transition to a sustainable economy and how ISLA is supporting that process

BCBS, CPMI and IOSCO launch consultation on margin practices
26 October 2021 Switzerland
Reporter: Bob Currie

Joint report on margin practices finds that daily CCP VM calls surged from US$25 billion in January and February 2020 to US$140 billion during March, while collateral pre-positioned at CCPs jumped 40 per cent

MUFG hires Leonard Buccellato as head of trade support
26 October 2021 US
Reporter: Carmella Haswell

Leonard Buccellato will take charge of Mitsubishi UFJ Investor Services’ trade support group in New York

Global PSSL clarifies its position on securities lending trade associations collaboration
25 October 2021 UK
Reporter: Carmella Haswell

Radek Stech, founder and CEO of Global PSSL, indicates that Global PSSL is not a trade association, it is a not-for-profit organisation, and it has not been invited to participate in the securities lending trade associations working group

GLMX expands into Canada with recent OSC approval
22 October 2021 Canada
Reporter: Carmella Haswell

An exemption has allowed GLMX to operate in Alberta, British Columbia, Ontario, Quebec, and Nova Scotia, enabling users of its services to negotiate securities financing transactions