Bank of England takes action against Euroclear following 2020 CREST outage
UK central bank makes recommendations to Euroclear UK and Ireland following CREST outage last year which, it said, ‘caused notable market disruption’.
UK central bank makes recommendations to Euroclear UK and Ireland following CREST outage last year which, it said, ‘caused notable market disruption’.
Many investment banks have had to scramble to update their back-office operations in order to prevent a potential spike of failed trades.