Euroclear to provide settlement infrastructure for LSE private securities market
CREST platform to support share transfers and investor access for private companies.
Settlement
EU finalises high-level road map for T+1
The Committee’s 60-page report contains recommendations for market participants in the EU for transitioning to a shorter settlement cycle.
ESMA expands list of settlement fail exemptions under CSDR
The technical advice sets out scenarios excluded from settlement discipline regime.
ABN AMRO re-joins CLSSettlement
Currently there are 73 other banks as settlement members in CLSSettlement.
Europe’s T+1 transition could cost custodians up to $36m each, research finds
The European T+1 implementation budget for the largest custodians could reach up to $36 million apiece – more than double the average cost the same firms poured into the North America transition, finds new research.
MUFG Securities Canada selects FIS for post-trade processing platform
Broker-dealer to streamline back-office operations amid growing institutional demand.
S&P Global Market Intelligence and SSImple collaborate on SSI automation
Partnership aims to address manual processing challenges in post-trade settlement workflows.
European Council excludes SFTs from T+1 requirement
The exemption, approved by the Committee of Permanent Representatives, comes as part of the Council’s broader agreement on a negotiating mandate aimed at accelerating settlement timelines across the EU.
Northern Trust mandated by UK-based ECO for carbon credit custody and settlement
Mandate covers the custody, recordkeeping, and transfer of Natural Capital Credits under the Natural Forest Standard
AccessFintech goes live with settlement netting for global fixed income markets
JP Morgan and Citi support the rollout of a netting solution for the €15 trillion EMEA repo market.