SEC extends US Treasury clearing compliance deadline in bid to help firms implement necessary risk management changes
SEC rule delay aimed at maintaining status quo in the $28.5 trillion market until end of 2026.
SEC rule delay aimed at maintaining status quo in the $28.5 trillion market until end of 2026.
These changes primarily impact CSDs but also have indirect consequences for investors, banks, and financial institutions.
This initiative, led by the Bank of England (BoE) and the Financial Conduct Authority (FCA), aims to promote innovation by enabling regulated digital securities trading and settlement.
Originally set for 14 February 2025, the deadline has now been extended to 17 February 2026, giving institutional investment managers additional time to comply.
Our predictions conclude with a range of industry predictions from Northern Trust, DTCC, Chainlink Labs, Firebrand Research, SSImple, Pivot, Coalition Greenwich and SoundHound AI on trends set to impact the industry in 2025.
Our predictions continue as State Street, Deutsche Bank, Apex Group, Milestone Group and Canoe Intelligence give their views on private markets and how it is set to impact the industry in 2025.
This marks the seventh location for Zodia Custody, following expansions in Ireland, the UK, Australia, Singapore, Hong Kong, and Japan.
The implementation is now targeted for 2029, with costs expected to be between AUD $270 million and $320 million
Despite a year of consultation on tweaking the mechanism or significantly increasing penalty rates, European watchdog confirms only a ‘moderate’ increase will occur after considering industry feedback.
Along with launch the industry sandbox, DTCC has also revealed the results of a proof-of-concept aimed at optimising collateral management through tokenisation.