Dominic Stevens, ASX managing director and CEO, explains that corporate actions are a “critical feature in capital markets”, with thousands of these events taking place on ASX every year
Peter Hiom will leave the organisation on 1 July to further his interest in fintech and blockchain technology
The Australian Securities Exchange has pushed back the go-live date for the CHESS replacement system until April 2023
BNP Paribas Securities Services has partnered with Digital Asset to design a number of real-time trade and settlement apps using DAML smart contracts
ASX will now review the feedback submitted from the four-week consultation and follow up with some CHESS users on points of detail they raised in order to meet the new timetable
ASX has released a consultation paper seeking feedback for the revised timeline to replace CHESS
Kevin Lewis has revealed he will be stepping down from his role as the Australian Securities Exchange’s chief compliance officer and will retire from the exchange in mid-2022
ASX’s monthly activity report showed the value of securities held in CHESS was 13 percent lower than the previous corresponding period
With losses and missed opportunities amounting to an estimated US$1 billion every year, John Kirkpatrick, vice president for securities services at Broadridge, highlights the importance of driving constant advances in automation, asset safety and data standardisation
ISITC Europe CIC’s senior research team talk to Jenna Lomax about the association’s research with the SWIFT Institute into the global implications of T+1
An abundance of partnerships and collaborations as well as increased popularity all point towards a transformational change in the digital assets space
Alexandre Kech of Onchain Custodian discusses the amendments to the Payment Services Act 2019, which was passed by Singapore parliament on 4 January
The combination of regulatory changes, technology advancements and the need to remain competitive is prompting market players in Asia to reassess their operating models. Gary O’Brien of BNP Paribas explains more
Strate’s Monica Singer explains how South Africa is meeting collateral requirements while being under pressure from local regulators
Jenna Lomax examines the repercussions of ASX’s recent decision to halt its mammoth CHESS project
As Australia’s asset servicing industry has gone from strength to strength, industry participants are busy preparing for the CHESS replacement system due to go live in 2023 and are excited about the benefits it will bring
The year kicked off with good news for Australia’s asset servicing industry when ACSA revealed the value of assets under custody for both Australian and foreign investors rebounded over the final six months of 2020
Australia’s financial services market is seeing continued growth in its large superannuation industry and custodians in this space are continuing to evolve while showing support for ASX’s CHESS replacement system. J.P. Morgan’s Nadia Schiavon discusses these themes and more
