To adjust to the increasing digitalisation of the economy, the ECB is investigating the possibility of introducing a digital euro — leading to a stronger international role for the euro, according to the European Commission
The proposed law aims to reduce the financial and regulatory burden on central securities depositories and improve their ability to operate across borders, while also strengthening financial stability
In anticipation of next week’s trilogue negotiations, financial markets and asset and fund management associations have asked policy makers to work to avoid suboptimal outcomes for the Markets in Financial Instruments Directive
A recent whitepaper from Northern Trust and Coalition Greenwich has found that 84 per cent of asset managers expect to see organic growth in spite of industry challenges
Restoring price stability as inflation subsides will pose a significant challenge for central banks, the Bank for International Settlements says in its 2023 Annual Economic Report
LCH Group has exercised its right to buy back Euronext’s holding in LCH SA following the early termination of the derivatives clearing arrangement between Euronext and the Paris-based clearing house with Euronext’s purchase of CC&G
The offering will allow clients to trade and automatically submit through the Broadridge SFT Submission Service without a large change in operational processes. It will also utilise EquiLend’s liquidity sourcing options
In a recent survey, the London-based credit-focused investment company found that opinion varied on how severe the market de-risk may be, with the majority (58 per cent) expecting the increase to be ‘slight’
The Bank of England has launched a system-wide exploratory scenario exercise to explore how banks and non-bank financial institutions behave in stressed financial market conditions
Alternative investments asset service provider Citco has opened a new office in Guernsey to support its expansion in the private equity and private credit space