The Committee notes that concerns around settlement efficiency have prevailed for many years and CSDR penalties have not resulted in a significant improvement since enactment of the settlement discipline regime in February 2022
UBS veteran Stéphan Demoulin joins the dealing workflow platform as head of sales and relationship management for EMEA securities finance, where he will help to accelerate Wematch’s expansion in the region
The joint venture aims to create a uniform standard for processing blockchain-based securities, providing software that will form a decentralised financial infrastructure and frictionless, real-time settlement for securities lending and repo
The Association’s response seeks to clarify key messages relating to securities lending best practice and to engage with concerns raised in feedback to the FCA’s earlier Discussion Paper 21/4
Founder of Advent Software Stephanie Dimarco, 28-year veteran of Goldman Sachs John Willian, and former global treasurer and president of BNY Mellon N.A Scott Freidenrich, will join Transcend as advisory board members
As a key topic highlighted on a number of sessions at this week’s IMN conference, panellists reflected on the implications of a shorter settlement cycle and compressed time periods for returns and recalls
ICMA ERCC report finds that repo market participants began year-end preparations early and, despite some early widening of pricing, fears of price dislocation over the turn were largely offset
ICMA says the initiative will help to inform the current discussions among policy makers in the ongoing MiFIR review, and should help “pave the way for the inclusion of meaningful, well-calibrated” sovereign bond data in the EU bond consolidated tape
These definitions are designed to deliver an unambiguous contractual framework for digital asset derivatives under the ISDA Master Agreement, thereby delivering greater clarity for execution and settlement of digital asset derivatives contracts
Proposed rule will potentially restrict short selling in an asset-backed security or buying a credit derivative that allows the securitisation participant to benefit from specified credit events, to the detriment of the ABS investor
