Regulation

The initiative provides firms with a regulated environment to test emerging technologies, such as distributed ledger technology (DLT), within traditional financial market operations. 

Another delay for the unified system for managing assets used as collateral in Eurosystem credit operations which will now be pushed back to the first half of 2025.

In a recent address on 9 September, SEC chief accountant Paul Munter reiterated that the guidelines laid out in SAB 121, introduced in March 2022, will remain firmly in place. 

Industry experts discuss how technology – particularly artificial intelligence (AI), data centralisation, and the emerging potential of quantum computing – could reshape custody services. 

Lawsuit comes off the back on an investigation by ASIC into suspected regulatory breaches related to the blockchain-backed project.  

The proposed Securities Lending and Transparency Engine (SLATE) rule mandates reporting of securities loans and public dissemination of loan information. 

The AMF and Banque de France are calling for a coordination between the UK and Europe in their plans to shorten the settlement cycle.

Regulator reportedly close to agreeing modifications to controversial rule, following targeted suggestions from ‘special interest group’.

Europe’s markets regulator is looking at the scope of settlement discipline among other areas as it seeks to fine-tune and further clarify the CSDR framework.

The biggest challenge for participants in APAC regarding T+1 in the US revolves around FX execution and navigating the associated funding gaps, but despite that, experts in Asia from the realms of custody and asset management report that the market has adjusted well to the change through to preparation and automation.