The FCA guidelines build on rules introduced in December 2020, applicable to the most prominent listed commercial companies in the UK, which uphold many of the recommendations of the Taskforce on climate-related financial disclosures
The Bank of England has initiated supervisory action against Euroclear UK and Ireland in connection with an outage in its CREST settlement system in September 2020
EquityClear is LCH’s UK-registered equities clearing service, with connectivity to 16 trade venues and 19 Central Securities Depositories (CSDs) across Europe
The partnership will enable market participants to benefit from minimising transfer costs, settlement failures and cash trapped in transit while optimising liquidity via tokenisation solutions
The data reveals that banks of all types have seen their credit quality decline with the largest shift being in Latin American banks, as seen by a 14:1 ratio showing far more deterioration than improvement
The six banks are all preparing to use the platform’s expanded capabilities to enable new services, improve efficiency and reduce costs when the platform goes live in November 2022
FCA proposals will potentially extend the list of companies covered by disclosure rules to include asset managers, insurers and FCA-regulated pension schemes
