UK rejection of SDR only impacts the few, but regulation as a whole continues to frustrate the many
Lobbyists likely to use UK decision to not implement the settlement discipline regime as further leverage in calls for a delay.
Lobbyists likely to use UK decision to not implement the settlement discipline regime as further leverage in calls for a delay.
The Treasury said it will not implement the SDR from February 2021, but will consider the future approach of the rules to the UK’s own post-trade framework.
Trade repositories will be able to register with the Financial Conduct Authority (FCA) following the end of the Brexit transition period.
As temporary permissions run out at the end of the year, managers are expected to seek out Supermancos in order to market their funds in Europe.
Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
Fabio Lisanti takes on new role as western Europe markets and securities services head as Citi adjusts to the UK’s departure from the EU.
The asset management landscape for 2020 is set for significant change as regulation on ESG and liquidity, Brexit, and digital assets appear to be on the agenda.
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.