FMDQ Clear becomes an observer member of the global central counterparty association with immediate effect, supporting the development of the Nigerian post-trade services value chain towards global standards
UK central bank will model credit and liquidity resilience of UK-registered CCPs under stress conditions, alongside impact on wider financial system
Bank of England governor becomes chair of the Financial Stability Board's supervisory and regulatory cooperation standing committee, with Saudi central bank governor and FDIC chair also becoming committee heads
Widening of collateral eligibility follows 24-hour opening at SwapClear as part of steps to improve clearing access for Asia-Pacific clients
German national Ross served as ESMA executive director from 2011 to 2021 and previously held regulatory positions in London
The report concludes that member jurisdictions have made further progress in adopting Basel III standards, despite disruption from the COVID-19 pandemic
D7 platform targets end-to-end digital securities processing, with over 80% of German ISINs expected to be digitisable via the platform by mid-2022
FICC, the DTCC subsidiary, argues that central clearing provides widespread benefits to the US Treasury market, including lower credit risk and settlement risk, improved liquidity and market access, and a more orderly system for liquidating positions
