These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FnPS in the Bank of England’s RTGS system
The review, which will analyse the structure and governance of the DCs, will see Linklaters recommend changes to maintain the integrity of the committees in changing economic and market conditions
The rule changes provide an update to the membership standards required of covered clearing agencies for the US Treasury market, with respect to a member’s clearance and settlement of specified secondary market transactions
AIMA, MFA and NAPFM file petition asking the US Court of Appeals to invalidate newly-adopted SEC rules on reporting and public disclosure of securities lending and short selling activity
This “near-final” policy statement responds to feedback advanced by the market on the CP 16/22 consultation paper on Basel 3.1 standards that was circulated in November 2022