Karan Kapoor, head of regulatory change and technology at Delta Capita, suggested the key will be to make settlement efficiency improvement a joint objective for front-office and operations teams
A further delay to the Central Securities Depositories Regulation's settlement discipline regime until 1 February 2022 has been welcomed by industry participants
Carpenter explained there are major concerns around the mandatory buy-in process, particularly for the tier-one banks under the buy-in rules and possible associated cash compensation process
The global custodian community of the Depository Trust and Clearing Corporation has grown to 11 in preparation for the Central Securities Depositories Regulation
The UK’s exclusion of the CSDR settlement discipline regime as part of its adoption of EU regulations post-Brexit will “undoubtedly create new challenges"