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SEC votes to extend compliance date for liquidity classification
23 February 2018 Washington DC
Reporter: Jenna Lomax

The deadline, which will be extended by six months, will provide funds additional time to complete implementation of the final rule's classification requirement

ISDA releases best practice for margin call issuance and response
23 February 2018 London
Reporter: Jenna Lomax

The ISDA CIC examined the minimum set of fields which is required to communicate the issuance of a margin call, as well as the expected response of a margin call

ESMA gives SSR technical advice
23 February 2018 Brussels
Reporter: Brian Bollen

Verena Ross, executive director at the ESMA, addressed the Economic and Monetary Affairs Committee of the European Parliament to discuss elements of the short selling regulation

Saxo Bank sees positive growth in 2017
23 February 2018 Copenhagen
Reporter: Jenna Lomax

Saxo Bank’s reported 33 percent increase in net profit follows the sale of its subsidiary Saxo Privatbank earlier this month

ROBO appoints BNY Mellon as custodian and sec lending agent
22 February 2018 New York
Reporter: Brian Bollen

ROBO Global, creator of the world’s first ETF to track the global RAAI sector, has selected BNY Mellon to provide the firm with custody and transfer agency services

FCA launches call for input on use of technology for regulation
22 February 2018 London
Reporter: Jenna Lomax

The Financial Conduct Authority is seeking views on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide

Euroclear sets out post-Brexit Irish CSD plans
22 February 2018 Dublin
Reporter: Brian Bollen

Euroclear’s plan is to be operational in March 2019, to coincide with the withdrawal of the UK from the EU exactly two years from the UK’s notification of its decision to leave

Unsecured euro money market borrowing down
22 February 2018 Frankfurt
Reporter: Brian Bollen

Daily average borrowing turnover in the unsecured segment fell from €112 billion in the ECB’s seventh reserve maintenance period to €110 billion in its eighth such period

Deutsche Börse sees revenue growth for 2017
21 February 2018 Frankfurt
Reporter: Jenna Lomax

Deutsche Börse has reported that its yearly revenue increased by 3 percent in 2017, ending the year with €2.4 million, compared to €2.3 million at the end of 2016

EXCLUSIVE: Sunil Daswani leaves Northern Trust
21 February 2018 London
Reporter: Jenna Lomax

Sunil Daswani, head of international securities lending at Northern Trust has left the company

Top of hot stocks: TechnipFMC PLC and Match
21 February 2018 London
Reporter: Jenna Lomax

TechnipFMC PLC, formed by the merger of oil services companies, led the FIS Astec Analytics hot stocks list for EMEA last week

ISLA responds to BMF’s draft circular
20 February 2018 London
Reporter: Brian Bollen

The International Securities Lending Association (ISLA) has sent a letter to the German Ministry of Finance responding to the BMF’s draft circular released on 25 January 2018 on the subject of a manufactured dividend rule