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.
Despite rising regulatory scrutiny of AI, ESMA points out substantial advantages of using the technology to increase settlement efficiency.
European Parliament committee member says “prohibitive requirements will help prevent instability”.
The joint warning was issued on the same day the Feds launched a new FTX Task Force to recover lost investor assets from the collapsed exchange.
The first article in our predictions series for 2023 covers regulation as experts discuss digital assets, ESG, the rise of shareholder participation among retail investors and more.
In its annual supervision of financial market infrastructures (FMI) report, the central bank warned that these entities are so crucial to stability that any disruption could have consequences that affect the entire financial system.
Standard for bank exposures to cryptoassets slated for implementation for implementation by January 2025.
SMSG finds approach to proxy and meeting-related processes still wanting.
Speakers from State Street, Citi and HSBC among fund experts in attendance at the Irish Funds Annual UK Symposium.
ESMA hopes amendment will simplify the cash penalty process in Europe.