The association also point to increased automation of highly manual and labour-intensive processes of the market as a way to mitigate rising costs and create efficiencies
The European Securities and Markets Authority has issued its technical advice on appropriate penalties for settlement fails under the central securities depository regulation...
Thomas Murray Advisory Services has confirmed it has hired three members of BNY Mellon’s central securities depository team, in addition to former CEO Chris Prior-Willeard...
A study published by Omgeo has revealed that 80 percent of respondents believe T+2 will become the global standard for settlement cycles within 10 years...
The International Capital Market Association has released a report strongly criticising the mandatory buy-in provision in the Central Securities Depository Regulation...
Fifty-eight percent of firms in Asia Pacific are not prepared for the change in Europe to T+2 on 6 October, according to a study by Celent and Omgeo...
Euroclear UK & Ireland, in cooperation with London Stock Exchange, BATS Chi-X Europe, the Irish Stock Exchange and Turquoise, will shorten the standard securities settlement cycle for the Irish and UK capital markets to T+2 in October next year...