Migration of the securities settlement platform in Icelandic markets will be fully implemented on 15 June.
The associations said the industry would not be able to make the changes to adapt to the planned consolidation of T2 and T2S by November 2021.
Settlement of Turkish Lira transactions over the shared electronic communications platform of the CSDs is put on hold.
The US post-trade infrastructure has launched two new projects that will advance its digitalisation programme and further develop its adoption of new technologies.
China Construction Bank joins common depository network for Eurobonds.
The service coincides with a new Swedish law allowing listed companies to hold General Meetings and for shareholders to cast their vote without having to be physically present.
The clearing house has partnered with blockchain-specialist Axoni to develop the new system, and development is slated to begin in the second quarter of this year.
Exceptions due to settlement fails become more challenging to resolve and their implications tend to be magnified, one expert claims.
The new combined platform will give asset managers further transparency into their transaction lifecycles with a consolidated view of FX settlement data across accounts.
T2S earns praise for performance during market volatility in March where daily settlements almost doubled.