Bank of England consults on tokenised collateral in central clearing
The central bank’s consultation sets out how tokenised collateral could be used in central clearing without, compromising risk standards.
Regulation
FCA warns of intervention as T+1 countdown ticks under a year
The regulator to ask “very difficult questions” of firms lagging in their preparations, as industry figures caution against complacency.
ESMA sets out 2027 priorities as strategic initiatives shift from preparation to delivery
In light of Europe's consolidated tape and 2027 T+1 deadlines, ESMA has published its work programme for next year, setting out its supervisory, market efficiency and simplification priorities.
Clarity Act progress halted in US Senate
Motion fell 11 votes short of the 60-vote threshold required, casting fresh uncertainty of the future of US digital asset infrastructure.
CUBE, IBM partner on AI regulatory monitoring
The collaboration will embed CUBE’s regulatory intelligence into IBM watsonx.governance to help firms monitor AI-related regulatory developments.
EU settlement fails spiked in April as US-Iran ceasefire signed
Settlement failure rates across EU central securities depositories jumped sharply in early April, according to new data from European regulators.
SEC proposes first overhaul of transfer agent rules since 1980s
Commission points to a ‘disconnect’ between the legacy regulation and the highly sophisticated environment that transfer agents operate in today.
Standard Chartered secures Mica and EMI authorisations in Luxembourg
New approvals provide a regulated base for the bank’s European digital asset custody ambitions as demand for institutional crypto services grows.
FCA censures CACEIS UK over WealthTek controls failures
Asset servicer to make £31.7 million voluntary payment to affected clients.
DTCC secures SEC approval for new NSCC client clearing model
Model aims to broaden participation in centrally cleared securities financing transactions.