Regulation

Global Custodian looks back over the key talking points from an informative few days in the Spanish capital.  

New set-up replaces 20 collateral management systems previously operated by national central banks and is closely links to T2S.

Giovanni Sabatini, independent chair of the EU T+1 industry committee, provides the latest update at The Network Forum in Madrid.  

Extension has been actioned to provide firms with more time to test for compliance with the updated form, the SEC says.  

Institutions will be able to assess whether certain digital instruments fall under the scope of regulatory and tax requirements.  

The rescission is the latest in a string of regulatory developments for institutional engagement in crypto-related services.  

Government introduces new rules for crypto platforms, prioritising consumer protection while encouraging innovation in digital finance. 

Updated features aim to streamline data management and regulatory compliance. 

New proposals seek to improve the way the EU financial system channels savings to productive investments.  

The decision is the latest in a string of positive developments for US custodians looking to push forward with their digital asset strategies.