The proposed law aims to reduce the financial and regulatory burden on central securities depositories and improve their ability to operate across borders, while also strengthening financial stability
The paper, commissioned by the SWIFT Institute, investigates how prepared the industry is for T+1, the progress that has been made so far and what industry opinion is on implementing a shortened settlement cycle
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
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
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
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
The question of whether there is “life after CSDR'' was left unanswered by panellists at AFME’s inaugural Operations, Post-Trade, Technology & Innovation Conference
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
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