Banco Santander, Lloyds Banking Group, and UBS achieved the milestone using a digital representation of central bank funds on the Sterling Fnality Payment System
It was found the firm violated Exchange Act 15(c) and Exchange Act Rule 15c3-3(b)(l) when it returned shares to customers and thereby created or increased segregation deficits
The establishment is designed to allow GLEIF to actively engage and directly collaborate with Indian LEI stakeholders and regulators at a localised level