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Northern Trust hires Bradley Blackwell for Hong Kong


09 May 2013 Hong Kong
Reporter: Georgina Lavers

Northern Trust has boosted its staff in Hong Kong to include Bradley Blackwell, who is the new sales and relationship management for securities lending clients in APAC...
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DTCC slap lawsuit onto “anticompetitive” CFTC rules


08 May 2013 New York
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation (DTCC) and the DTCC Data Repository have filed a lawsuit challenging three interrelated actions by US Commodity Futures Trading Commission (CFTC)...
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State Street freshens up collateral services


08 May 2013 London
Reporter: Georgina Lavers

State Street has enhanced its financial reporting and collateral services to help clients comply with regulations, manage risk and automate their disclosure requirements...
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ICMA European Repo Council: “FTT will be disruptive”


07 May 2013 London
Reporter: Georgina Lavers

A paper from the ICMA’s European Repo Council explains the importance of collateral whilst highlighting how the proposed Financial Transaction Tax (FTT) would impact its movement...
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Bank of England addresses CCPs


03 May 2013 London
Reporter: Georgina Lavers

The Bank of England has released two papers on CCPs, which explain loss-allocation rules, and how to balance the costs of default resources with the expected losses...
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The CFTC allows some relief for prime brokerage arrangements


03 May 2013 Washington DC
Reporter: Georgina Lavers

Gary Barnett of the US Commodity Futures Trading Commission (CFTC) has penned a letter in response to requests for relief from market participants to oversight of their prime brokerage arrangements...