As the European Commission finalises EMIR 2.2, it has confirmed a temporary equivalence decision for UK CCPs from January 2021.
European asset managers in Ireland are faced with the challenge of moving to alternative ETF issuance and settlement models in order to limit the impact of Brexit.
Exchange traded products and global depository receipts cleared through LCH can be settled on Clearstream from Q3 onwards.
DTCC has gone live with four new custodians on the service, growing its impressive list of users to 11.
The announcement comes as the exchange faced pressure by users to push back the plan, which is now set for April 2022.
The new link is part of Clearstream’s wider strategy to link emerging and frontier markets to its international central securities depository (ICSD) structure.
CSDs in France, Belgium and Netherlands to use inter-company workflow solution.
Clearstream is planning to use its involvements in recent DLT projects as a steppingstone to developing its own digitised CSD.
Through the combination of its existing Collateral Cockpit, SIX will provide a fully automated system for collateral management processes.
The rise comes less than a month before sell-side firms will be required to report their trades under SFTR.