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Euronext gets Danish approval for VP Securities acquisition
16 July 2020 Amsterdam
Reporter: Natalie Turner

Euronext has clearance from the Danish Financial Supervisory Authority to acquire all of VP Securities

BNY Mellon SBL revenue hits two-year high
16 July 2020 New York
Reporter: Natalie Turner

BNY Mellon achieved a 28 percent year on year revenue increase to secure its highest quarterly earnings since 2018

Steven Maijoor set to step down as ESMA chair
16 July 2020 Paris
Reporter: Rebecca Delaney

The European Securities and Markets Authority's chair Steven Maijoor will vacate his role next March after reaching the maximum 10-year term limit

REGIS-TR UK gains new CEO
15 July 2020 London
Reporter: Drew Nicol

John Kernan is stepping up from acting chief operating officer to become CEO and board member of REGIS-TR UK

Broadridge's SRD II solution gains "record" interest
15 July 2020 London
Reporter: Rebecca Delaney

The Broadridge solution was launched in response to the "urgent requirement" for financial institutions to comply with SRD II, concerning global proxy voting and shareholder disclosure, by 3 September.

EACH updates CSDR SDR framework
15 July 2020 Brussels
Reporter: Maddie Saghir

The European Association of CCP Clearing Houses has updated its CSDR literature to reflect the decisions to implement Article 19, which governs the collection of calculations and collection of cash penalties under the SDR, despite reservations about

Axoni brings on two from EquiLend
14 July 2020 New York
Reporter: Natalie Turner

In May, Axoni welcomed former EquiLend global co-head of business development and product management Dow Veeranarong as its newest director, now it brought on Alvin Oh, another former-EquiLend director to join her

EU-wide CCP stress test finds “significant” concentration risk
13 July 2020 Paris
Reporter: Drew Nicol

For the first time, ESMA included a concentration risk component to its EU-wide CCP stress tests and found risk is clustered in one or two of the 16 clearinghouses

Pencils down, please – SFTR is live
13 July 2020 Paris
Reporter: Drew Nicol

Phase one and two of SFTR ushers in a comprehensive new SFT reporting framework for investment firms, credit institutions, CCPs and CSDs

EquiLend reveals new promotions
10 July 2020 New York
Reporter: Natalie Turner

EquiLend has promoted Mike Norwood to take over Alvin Oh’s vacated role of global trading product owner, while, John Surgent, steps up to become head of North American post -trade services.

ESMA clarifies failed trades reporting rules under SFTR … sort of
10 July 2020 London
Reporter: Drew Nicol

ICMA has published the third edition of its SFTR reporting recommendations that addresses previously misunderstood requirements for reporting trades that fail to settle

EC mulls adoption of a time-limited equivalence decision for UK CCPs
10 July 2020 Brussels
Reporter: Maddie Saghir

The European Commission has confirmed it is once again considering the adoption of a “time-limited equivalence decision” for UK-EU CCPs of derivatives