Euroclear Bank, the Brussels-based international central securities depository, is to join the European Central Bank’s TARGET2-Securities settlement system, following an agreement signed with the ECB and the eurosystem central banks on 21 December
Guotai Junan Securities is to begin utilising Euroclear Bank’s Yulan bond structure, enabling Chinese issuers to gain better exposure to a wider foreign investor base
Saudi Arabia’s Securities Depository Center Company and Euroclear have partnered to launch a Euro-clearable link, enabling international investors access to sukuk and bond markets listed on the Saudi Exchange
Isabelle Delorme (pictured), deputy CEO of ESES CSDs Euroclear France, Euroclear Belgium and Euroclear Nederland comments: “We are extremely pleased to have worked on this pioneering project with our industry partners and the Banque de France"
John O’ Hara (pictured right) is to step down from his role as CEO of Taskize after nearly 10 years of service and will be replaced by Phillip Slavin (pictured left) who is currently COO
Getting to the point of T+1 or even T+0 will be a question of funding, investment in technology, and testing the efficiency of links and connectivity in the settlement chain, according to Samuel Riley of Clearstream
An industry working group, sponsored by the CPMI-IOSCO specialist group on cyber resilience, has published a whitepaper on data protection and validation in the face of cyber threats to FMIs