After joining the firm in 2021, Tom Daniels became practice leader for securities lending and asset manager consulting in Aon’s custody advisory services group
Gabriele Frediani will focus on developing partnerships with European institutions such as CSDs and ICSDs, triparty agents, trading platforms and central banks
SFTR 2.0 is likely to be rolled out when there is a new mandate from the European Commission in 2025 and could incorporate a tax element, following tax abuse scandals across Europe
Basel Committee considers requiring banks falling into scope of the Global Systemically Important Bank (G-SIB) framework to report G-SIB indicators based on average values over the reporting year, rather than by using year-end values
AIMA, the MFA and NAPFM argue through their legal action that the SEC’s "defective rulemaking process" produced flawed, inconsistent rules relating to short selling and short position reporting that will harm investors and the markets
The Bank of International Settlements reports that after-tax profits for largest internationally active banks had grown to a record €279 billion at end of H1 2023, while LCR coverage has improved to 137 per cent for G-SIBs
The UK financial conduct regulator has written to company heads outlining weaknesses in their controls to prevent financial crime and instructing that they must take necessary steps to address these shortcomings