Regulatory and operational costs factors may require regional CSDs to band together and overcome these new pressures.
After months of lobbying, trade associations and market participants get their wish as ESMA delays introduction of CSDR's settlement discipline regime.
The consensus among both buy- and sell-side firms is that the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
Clearstream’s licence was granted by the German Federal Financial Services Authority BaFin and is effective immediately.
In the fourth part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on regulatory issues to watch out for in the New Year.
The launch of the platform marks the latest success for AccessFintech, which originated from JP Morgan’s FinTech incubator and went live just six months ago.
Euroclear has now been granted six licenses for its various CSDs in Belgium, Finland, France, the Netherlands and Sweden.
Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.
The exit comes at a crucial time in the post-financial crisis regulatory agenda, with multiple rules set to come into force over the next couple of years.
Asset managers and pension funds have expressed concerns the CSDR mandatory buy-in regime will impact liquidity and increase costs.