European regulator proposes rule change to put CSDs in charge of collecting and distributing all penalties under CSDR
ESMA hopes amendment will simplify the cash penalty process in Europe.
ESMA hopes amendment will simplify the cash penalty process in Europe.
The European Parliament proposes dispensing of mandatory buy-ins altogether, while entry into the Official Journal of the European Union stops rule from coming into force until November 2025.
Discussion around settlement sparks frustration among panellists as issues weigh on failed rates, while more information is needed from regulators on what unacceptable rates are.
As the conversations begin about the EU moving towards T+1, experts from Goldman Sachs, DTCC and AccessFintech urge the UK to take the lead in Europe.
Plan revealed during a post-trade conference where JP Morgan executive responds by saying it’s a ‘slight disappointment’ that it will take that long.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.
MSCI research predicts climate transparency expansion, despite public markets being primary concern.
New consultation paper on CSDR proposes that CSDs would be able to collect and distribute penalties for cleared transactions.
The new legislation looks to create rules to ensure transfers of crypto-assets will be traced and identified to prevent money laundering, terrorist financing, and other crimes.
In a review letter, the Bank of England’s Prudential Regulation Authority discussed issues related to SIMM calculations and the impact the upcoming regulation will have on hedge funds portfolios.