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ESMA goes live with DLT pilot
23 March 2023 Europe
Reporter: Carmella Haswell

The pilot builds on the existing MiFIR regulation to include tokenised financial instruments. This aims to bring pre- and post-trade transparency and market abuse monitoring to DLT-based securities

ISSA appoints Magnus Asgeirsson as Nasdaq’s representative for its OC
10 February 2023 Iceland
Reporter: Jenna Lomax

Asgeirsson currently serves as managing director of Nasdaq Central Securities Depository in Iceland

ESMA issues guidance on DLT-based market infrastructure
16 December 2022 EU
Reporter: Bob Currie

These guidelines provide templates for applications to operate any form of DLT market infrastructure under the DLT Pilot Regulation, including a DLT MTF, a DLT settlement system or a DLT trading and settlement system

Taskize appoints James Pike as head of business development
13 December 2022 London
Reporter: Lyndsey Young

Based in London, Pike brings more than 24 years of knowledge and experience across the securities and derivatives industry to the role, with a responsibility to seek out new opportunities and drive forward growth of the Taskize network

Fragmented data at root of settlement fails, say SIBOS panellists
17 October 2022 Netherlands
Reporter: Lucy Carter

The comments came from a panel entitled ‘Tackling the root of securities settlement fails’, with participants trying to establish the cause of dropped global settlement efficiency rates

CSDR not yet ironed out, say AFME panellists
03 October 2022 UK
Reporter: Lucy Carter

The question of whether there is “life after CSDR'' was left unanswered by panellists at AFME’s inaugural Operations, Post-Trade, Technology & Innovation Conference

SWIFT pilots Securities View to boost post-trade efficiency
28 September 2022 Brussels
Reporter: AST

Service applies an ISO-standard unique transaction identifier to track progress across the trade lifecycle, enabling market participants to identify trades with high risk of settlement failure and to take pre-emptive action

ESMA consults on cash penalty procedures under CSDR
12 July 2022 EU
Reporter: AST

The EU securities market regulator has launched a consultation to assess industry reaction to proposed changes to cash penalty procedures under the Central Securities Depositories Regulation

Citi, J.P. Morgan and AccessFintech collaboration achieves operational efficiencies
27 June 2022 UK
Reporter: Carmella Haswell

A continuous access to enriched and linked real-time data resulted in a 30 per cent reduction in trade fails, according to AccessFintech

ESMA postpones CSDR buy-in regime
09 June 2022 EU
Reporter: Carmella Haswell

Market participants have conveyed concerns over “serious difficulties” to implement the mandatory buy-in regime on the scheduled date

ISLA responds to EC consultation on CSDR
02 June 2022 EU
Reporter: Bob Currie

The International Securities Lending Association has responded to the European Commission consultation regarding proposed amendments to settlement discipline provisions of the Central Securities Depositories Regulation

Eurex STS to cease operation from 30 June
28 March 2022 Germany
Reporter: Bob Currie

The decision of the European Commission to propose the removal of the buy-in obligation from SDR for an indefinite period renders the business proposition of Eurex STS unviable, says Deutsche Börse