FICC, subsidiary of the DTCC, has announced it intends to submit a rule filing with SEC and an Advance Notice filing to both the SEC and the Federal Reserve to provide central clearing for over $1.6 trillion institutional tri-party repo market...
ESMA has published a consultation on draft regulatory technical standards it has to develop under EMIR for the clearing of foreign exchange non-deliverable forwards...
BNY Mellon is closing its European derivatives clearing business following a delay in the implementation of European Market Infrastructure Regulation mandatory clearing rules...
LCH.Clearnet’s SwapClear members have eliminated $284.3 billion in notional in the first triReduce and SwapClear compression cycle for cleared South African rand (ZAR) interest rate swaps...
Poland's central securities depository (KDPW) is to change its settlement cycle from T+3 to T+2 as of 6 October 2014...
Fifty-eight percent of firms in Asia Pacific are not prepared for the change in Europe to T+2 on 6 October, according to a study by Celent and Omgeo...
The Central Bank of the Russian Federation has recognised NSD, Russia’s central securities depository, and NCC as ‘systemically important’ infrastructure for Russia’s financial market...
