The round includes contributions from existing shareholders such as BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan
The Global Peer Financing Association brings together beneficial owner members with the goal of encouraging the development of a more effective and transparent marketplace for securities financing activities
Weaknesses in liquidity risk management and governance by some market participants, were found to be the key causes behind inadequate liquidity preparedness for margin and collateral calls, according to the FSB
Mark Jennis brings more than three decades of collateral management experience, including within strategy, business and product development, and execution
The extension will cover rule amendments being implemented under the UK EMIR, and by the Australian Securities and Investments Commission, and the Monetary Authority of Singapore