Industry participants warn asset safety and segregation issues will restrict proposed benefits of the ECB’s T2S initiative.
Tag: Asset segregation
Varying rules in different jurisdictions risk confused approach to segregating assets.
The introduction of regulations such as CSDR, UCITS and AIFMD have led to divisions in asset segregation according to an industry expert.
Institutions are concerned about the link between custody and investment businesses at banks.
CSDR received initial European parliament approval in 2014 and certain provisions are under discussion.
BNY Mellon has warned of market fragmentation and liquidity restrictions ahead of asset segregation rules.
A lack of harmony in asset segregation rules has riled market participants.
The consultation aims to address ambiguities concerning asset segregation rules.
Forthcoming CSDR regulation may lead to inconsistencies with other legislation.