This rules will require firms that are taking on settlement themselves, and not through a CSD or sub-custodian, to report data on a quarterly basis.
LEI and UTI information will be required ahead of the SFTR deadline for large funds, according to an industry expert.
Three tier one banks sign up to DTCC's global trade repository (GTR) service for SFTR.
Industry welcomes consultation paper which addresses which securities financing transactions will be reportable for incoming regulation, among other aspects.
LSEG units announce new deal for reporting of Securities Financing Transactions ahead of new regulations due in April next year.
Experts believe the EU’s Shareholder Rights Directive II can incentivise technological innovation by central securities depositories.
Banca IMI pled guilty to antitrust charges after conspiring with other brokers to rig bids to borrow pre-release ADRs, according to the US Department of Justice.
Euroclear has now become CSDR approved in four countries, including Belgium, Finland, France and the UK.
SimCorp research finds only 7% of buy-side firms are ready to comply with the incoming rules in September.
As UK and European regulators clash over post-Brexit share trading rules, it could spell further divergence for post-trade arrangements.