New report by the BIS, IMF and World Bank says central banks must review multinational interoperability and foreign investor access to secure best use of central bank digital currencies in cross-border payments
The UK buy-side trade body claims that the funds industry is approaching a major technology transformation driven by tokenisation and use of digital native assets in the collective investment fund products of the future
The Foundation is now inviting partners to start the verifiable Legal Entity Identifier (vLEI) Issuer Qualification process, enabling a qualified LEI issuer to serve as the primary point of contact and issuing agency for legal entities seeking a vLEI
Northern Trust has been selected by Arab Fund for Economic and Social Development to administer a range of asset servicing solutions in a mandate that includes, among others, securities finance
Average daily loan value for cleared securities lending transactions has remained almost unchanged YoY for June, despite rise in cleared volume through Chicago-based clearing house
Hong Kong Exchanges and Clearing Limited (HKEX) has announced a collaboration with the China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House (SHCH) to create a mutual access programme for interbank interest rate swap (IRS) markets
These measures, expected to enhance the ECB’s risk management practices, are designed in accordance with the Eurosystem’s primary objective of maintaining price stability
29 June 2022Switzerland Reporter: Carmella Haswell
The vLEI is a digital version of the LEI, which intends to meet an “urgent need” for automated digital verification of the legal identities of businesses
A letter from three PRA senior executives outlines conclusions of its SIMM review, warning of risk of under-margining and poor model fit for some counterparties
