Major programme providers have reported reduced earnings in Q1 2019 compared with Q1 2018, with reasons ranging from regulatory balance sheet constraints to absence of specials activity, says ISLA CEO
ICMA are working to minimise the potential disruption to the functioning and liquidity of the European repo and collateral markets ahead of CSDR regulation
It is vital that firms utilise currently available tools to mitigate the impact of CSDR on legacy upgrades and technology solutions, according to Robert Frost and James Bell of Pirum.
CSDR represents an important step in the harmonisation of EU CSD’s which create new efficiencies in settlement of securities lending transactions, ISLA says
The European Securities Markets Authority has agreed a deal with the Bank of England for the recognition of CCPs and of the CSD established in the UK, should there be a no-deal Brexit scenario
The International Capital Market Association has published a discussion paper on Central Securities Depositories Regulation mandatory buy-ins and securities financing transactions
In her debut foreword as ICMA’s chair, as part of ICMA’s Q3 report, DeFillipo cited regulatory changes, the emergence of new market participants and Brexit as key drivers of this excitement