Regulation

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. 

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

Proposals to increase visibility and oversight in private funds market have been deemed unworkable by Court of Appeals.  

Despite passing through the US Senate and the House of Representatives, resolution to overturn controversial crypto custody rule falls at the final hurdle.

The European market is facing significant challenges with financing needs which currently “far exceed” the capacity of the region’s fragmented markets, said Christine Lagarde, president of the European Central Bank, as she called for the market to embrace ESMA’s proposals.

Range of new services are designed to support UK asset managers meet the new reporting obligations set out by the FCA.