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Glossary

Recall

The action taken by a lender to request the return of securities on loan before the agreed return date.

Recall News

SF Symposium: Automation is key, but T+1 challenges remain

The panellists shared their own experiences from North America’s own shift in May 2024 — largely accepted as a general success

Industry
BBH rolls out Pirum’s Recalls Manager

The offering covers the full global post-trade lifecycle from issuance to closure and was adopted to reduce securities lending fails

Pirum launches Recalls solution for T+1 compliance

The solution, named Recalls, assists with compliance ahead of T+1 regulation in the US and Canada in an effort to offer return on investment

FCA publishes pension dashboards rules

The Financial Conduct Authority has published its pension dashboards rules for pension providers, effective 31 August 2023

AFME releases paper on T+1 benefits and challenges

The Association for Financial Markets in Europe has published a whitepaper discussing whether Europe should follow the US’ example and move from a T+2 to a T+1 cycle

Industry
BNP Paribas wins custody mandate from Nationwide

BNP Paribas Securities Services has won a mandate to provide Nationwide Building Society with triparty collateral management and global custody services for its non-UK assets

Industry
Laura Klimpel discusses DTCC’s proposed clearing service for SFTs

Laura Klimpel tells AST that the new service will deliver a number of benefits to the industry including opportunities for increased capital efficiency for both borrowers and agent lenders

ESG
ESG ETF assets surged three-fold in 2020

The lack of securities lending programmes by ESG ETF is set to become a key battleground in 2021 with global AUM nearly tripling last year as launches proliferate, and performance skyrockets