Canada affirms aligned switch to T+1 with US
Following some miscommunication around potentially split transition dates, the CCMA confirms to Global Custodian the Canadian market will move to the shortened settlement cycle on the same day as the US.
Following some miscommunication around potentially split transition dates, the CCMA confirms to Global Custodian the Canadian market will move to the shortened settlement cycle on the same day as the US.
Move follows dual listing of City of Lugano bond on SDX and SIX Swiss Exchange.
Exchange announces ‘significant reset’ to post-trade platform replacement project which takes on learnings from previously experience as it appeals to industry for support.
Industry experts weigh in as US regulators fail to concede to industry demands for at least September 2024 deadline, with T+1 set to go live in the US on 28 May 2024.
Commissioners disagreed on the proposed implementation date, with amendments narrowly passing by three votes to two.
Annual awards ceremony to be held at The Savoy, London on 3 May, recognising custodians, market infrastructures and technology providers.
Excluding the impact of the Russian sanctions, Euroclear’s underlying business still reported a net profit increase of 32% to €603 million.
New whitepaper highlights the unique nature of FMIs' exposure to climate-related risk and emphasises value of existing regulatory framework.
Expanded presence planned to enable cross-border investments and improve liquidity in a bid to support the reconstruction of the country’s infrastructure and economy.
BoE securities lending committee noted that penalties are “not washing through the system as easily as anticipated”.