Bloomberg has launched a new solution within its FailStation platform, a settlement-exception management tool, to support compliance with the Central Securities Depositories Regulation, ahead of the upcoming February 2022 implementation deadline
The Central Securities Depositories Regulation (CSDR) rulings, relating to mandatory buy-ins, are “fundamentally flawed”, according to James Cunningham, head of European regulatory and market initiatives at BNY Mellon
EU securities market regulator takes on new supervisory powers for benchmarks and data service providers and will concentrate on building a single rulebook and promoting its role as an EU capital markets data hub
ESMA has spoken to National Competent Authorities and other relevant market players about their plans to use DLT for securities services in the coming future
In a recent Torstone Technology survey, 60 per cent of institutions said that settlement failures, attributed to inadequacies of the middle-office, are still a significant problem for their business