Euroclear’s CREST suffers outages, hits Bank of England gilt buy-back
Euroclear's CREST system has suffered two outages, causing intermittent delays to settlement and impacting the Bank of England's gilt buy-back operation.
Tag: Bank of England
Bank of England launches post-trade task force to tackle outdated systems
The report from the UK central ban found that financial firms are spending upwards of $20 billion a year on post-trade processing systems alone.
Euroclear UK to continue Irish securities settlement in ‘no-deal’ Brexit
The agreement between ESMA and the Bank of England eases concerns of significant disruption to the Irish securities market.