Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.
A recent report suggests managers face very little time to select an alternative for Irish-issued ETFs that are still settling in a domestic model.
FCA chief Bailey voices his concern over the future of the UK's CCPs once its temporary recognition with ESMA expires in 2020.
Technology, regulation, diversity, Brexit, T2S, the role of the network manager and much more discussed at the annual event, this year held in Athens.
Global custodians and fund administrators have bolstered their teams in Ireland and Luxembourg in anticipation of these new flows.
As UK and European regulators clash over post-Brexit share trading rules, it could spell further divergence for post-trade arrangements.
Cboe and Turquoise have established EU entities in Amsterdam, while Aquis Exchange set up its new EU base in Paris.
The custodian selected Luxembourg as its post-Brexit destination in 2017, creating an EU-banking license as it looked to continue serving continental European funds.