With the prospect of a delay to the Settlement Discipline Regime to February 2022, firms should use this time to explore automated solutions to CSDR, according to Pardeep Cassells, head of financial products, Access Fintech.

Over half of the European exchange traded product (ETP) market already uses the International Central Securities Depositary (ICSD) model and uptake is accelerating. Rosa Scappatura, head of ICSDs relationships at BNY Mellon Corporate Trust, explains the drivers of this trend and outlines some of the key benefits of the ICSD model.

Global Custodian sat down with DTCC executives to discuss key client priorities and available solutions as firms prepare to manage the regulations coming through the pipeline in the months ahead.

The upcoming Securities Financing Transaction Regulation (SFTR) will require firms to set up a direct link with a trade repository (TR) for the reporting of their trades. Thomas Steimann , CEO of REGIS-TR, outlines what the TR role is in this new regulation, and how it can help firms overcome the challenge of data management.

In its inaugural webinar, sponsored by Deutsche Bank, Global Custodian asked panellists to consider
whether longer-term industry changes would be interrupted or accelerated by the COVID-19 pandemic.

The surge of capital flowing into illiquid alternative assets highlights the need for transparency in investor reporting, but this great opportunity also remains one of the greatest challenges for the private capital markets, says Anne Anquillare, CFA, CEO and president of PEF Services.

Much has been said about the potential demise of transfer agency with many custody banks exiting the business. In this time of technological disruption, Global Custodian asks Mike Melles, senior director, and Jeff Young, enterprise strategist of transfer agency solutions at FIS, what providers can do to transform their transfer agency offering and meet new asset manager demands. 

Last year, RBI hosted a Central and Eastern Europe Capital Market Infrastructure Forum in Vienna. The forum included two panels comprising senior representatives of stock exchanges and CSDs from the region. The second of the panels, “Does one size fit all?” explored the practical impact of CSDs on market activity in CEE markets.

China’s QFII and RQFII schemes are the subject of a consultation by China’s regulators, while inclusion of Chinese securities in global indices continues apace.

Digital disruption is driving a fundamental rethink of the securities services business model. Scott Dickinson, regional head of securities services for Africa and the Middle East, Standard Chartered, believes disruptive technologies in the Gulf Cooperation Council (GCC) economies will strengthen their client proposition.