Bank of England governor Andrew Bailey says: “This is a novel exercise as firms will have to engage closely with counterparties to get detailed data on those counterparties’ exposures to these risks."
Edinburgh-based fund manager targets scale benefits and consistency of service in steps to globalise its operating model
The acquisition concludes a deal first announced in January 2020, through which Clearstream took ownership of a 51 per cent stake in Fondcenter from UBS
This final report builds on a consultation process that ESMA, the EU securities market regulator, ran from 6 November 2020 until 11 January 2021
EU securities market regulator calls for reform of T2S supervision framework