Euroclear signs off eventful quarter with AUC increase, profit drop
Busy quarter of product launches and post-Brexit moves culminates in uptick across some business lines and assets under custody, despite profit dip.
Tag: Brexit
Reshaping Europe’s funds landscape
Brexit, the pandemic and regulation have had profound impacts on three fund domiciles in particular, making for a story of break-ups, new beginnings and deepening rivalries, adding a dramatic twist to Europe’s fund landscape story, writes Jonathan Watkins.
Brexit: What happens now?
Following the UK’s official exit from the EU single market, regulators on both sides of the Channel appear to be splitting on post-trade regulations. What are the potential consequences for this on the post-trade industry?
Custodians adopt Proxymity’s real-time proxy voting following post-Brexit shift for Irish securities
The FinTech firm stated many of the major registrars and custodians have adopted the Proxymity platform, representing 96% of Irish equity issuers.
Euroclear transfers €100 billion of Irish securities from UK to EU settlement house
Many investment banks have had to scramble to update their back-office operations in order to prevent a potential spike of failed trades.
UK looks to create fund regime to rival EU competitors
The UK has potential to reinvent its image post-Brexit, despite facing passporting challenges in the short-term, say experts.
Societe Generale to cease securities services activities for UK funds
Organisational restructure will see the closure of Societe Generale’s securities services offering to funds in the UK.
Danish pension fund ATP completes go-live on SimCorp’s SFTR platform
ATP joins Dutch pension fund PGGM and German asset manager Ampega which have gone live on SimCorp’s securities finance reporting solution.
ESMA re-authorises DTCC’s Irish trade repository ahead of Brexit
Regulators seek to minimise the potentially wide-spread impact of Brexit on Europe’s capital markets.
European Commission extends temporary equivalence for Euroclear UK & Ireland
The move will allow Euroclear UK and Ireland (EUI) to continue to settle Irish-domiciled funds and securities once the Brexit transition period ends on 31 December.