News search | Securities Finance Times

Generic business image for news articles

BoE Money Markets Committee voices concern over repo fail rates
11 July 2022 UK
Reporter: Bob Currie

Repo fail rates are “still too high” and this reflects poorly on the London market, says BoE Committee, with low liquidity, COVID challenges and upstream failures in an interlinked chain of transactions contributing to the rise

Reporting entities launch APARMA association
27 May 2022 United Kingdom
Reporter: Jenna Lomax

Six of the industry’s leading institutions have launched the Approved Publication Arrangements and Approved Reporting Mechanisms association, to be more commonly known as APARMA

Sustainable Trading adds 11 companies to its membership network
10 May 2022 UK
Reporter: Jenna Lomax

Sustainable Trading, the non-profit organisation initiated to change ESG practices in the trading industry, has welcomed an additional 11 financial services organisations into its membership network

Non-economic trade data, client onboarding and uncleared margin is where “change is particularly urgent” in post-trade, says BoE
25 April 2022 UK
Reporter: Jenna Lomax

The Bank of England has released a report which outlines that change is “particularly urgent” in the areas of non-economic trade data, client onboarding and uncleared margin when regarding better post-trade efficiency

RepoClear cleared nominal hits new Q1 highs at Ltd and SA
08 April 2022 UK, France
Reporter: Bob Currie

Combined activity across RepoClear’s Paris and London operations reached a record €67.47 trillion in cleared nominal for Q1 2022, as post-Brexit regulatory recognition extended for LCH Ltd and SA

BoE and MIT collaborate on CBDC
28 March 22 UK US
Reporter: Bob Currie

Research project with MIT Digital Currency Initiative group is latest step in the “research and exploration” phase of the UK central bank digital currency programme agreed last year by the Bank of England and HM Treasury

BoE targets 1 January 2025 for delivery of remaining Basel III elements
21 March 2022 UK
Reporter: Bob Currie

UK central bank will release a consultation paper in Q4 2022 defining its approach for delivery of Basel 3.1, a package of measures that it says will bring significant changes to how firms calculate risk-weighted assets

UK regulators advise on sanctions and cryptoassets
14 March 2022 UK
Reporter: Bob Currie

BoE, FCA and OFSI indicate that they are working closely with government agencies and law enforcement worldwide to share intelligence and to prevent evasion of sanctions, including breaches using cyberassets

LCH SA links EquityClear to Cboe Europe and Aquis Exchange Europe
24 February 2022 France
Reporter: SFT

By connecting to additional European trading venues, LCH aims to extend netting, margining and operational efficiencies available to users of its Paris-based equity clearing service

Regulators should review UCITS terms to make them more lendable, members tell BoE Committee
03 February 2022 UK
Reporter: Bob Currie

In a wide-ranging discussion, the BoE's Securities Lending Committee addressed agent lender disclosures, problems of lending UCITS, and pressure on lending revenues, according to the newly-released minutes of its November meeting

FCA and BoE publish consultation on reporting requirements under UK EMIR
25 November 2021 UK
Reporter: Carmella Haswell

The proposals aim to align the UK derivatives reporting framework with international guidance from CPMI-IOSCO to ensure a more globally consistent data set

UK policymakers announce central bank digital currency consultation
10 November 2021 UK
Reporter: Bob Currie

The consultation process, beginning in 2022, will guide decisions on whether to introduce a CBDC in the UK. If the project proceeds, the earliest date for the digital currency launch will be 2025-30