Under Project Dunbar, the BIS Innovation Hub has developed two prototypes for a shared platform that will potentially enable international settlements using digital currencies issued by multiple central banks
This centrally-cleared, cash settled service, which is awaiting full regulatory approval, will be tradeable 23 hours, 5 days per week at its proposed launch in Q3 and will extend to 24/7 trading with the full product release
The US post-trade infrastructure specialist releases new operational analytics service enabling broker-dealers and buy-side to benchmark performance against counterparties, peers and industry standards
BoE, FCA and OFSI indicate that they are working closely with government agencies and law enforcement worldwide to share intelligence and to prevent evasion of sanctions, including breaches using cyberassets
The European Central Securities Depository Association indicates that its General Meeting on 9 March 2022 will vote to terminate the membership of its Russian member, the National Settlement Depositary
The Bank of Russia has imposed a ban on short selling that came into effect on Thursday 24 February and will remain until further notice
London Stock Exchange Group will acquire OMS, execution and portfolio management technology specialist TORA, subject to regulatory approval. The purchase is expected to be finalised in H2, with TORA joining LSEG’s Data and Analytics division
The Financial Stability Board warns that the pace of crypoasset expansion could trigger a threat to financial stability in a report published today, where it urges timely and pre-emptive action to close out potential vulnerabilities
