All latest securities finance news

CFTC proposes elimination of securities lending trade restrictions

27 July 2023 US
Reporter: Carmella Haswell

The Commodity Futures Trading Commission proposes to eliminate a provision disqualifying securities issued by certain pooled investment funds that transfer assets through securities lending and borrowing, repo and reverse repo

Global securities lending revenues rise 20% YoY for H1 2023, says EquiLend’s Allen

27 July 2023 US
Reporter: Carmella Haswell

Equities played a major role in the global increase in lending revenue, contributing US$4.42 billion in H1 2023 revenue, and representing an 18 per cent YoY rise, as highlighted in EquiLend’s half-year edition of The Purple

Michael Carty swaps Euroclear for LME Clear

26 July 2023 UK
Reporter: Jenna Lomax

Michael Carty has stepped down from his role as CEO of Euroclear UK & International, a role he began in 2020

ESMA withdraws third-country recognition from UAE CCPs

26 July 2023 UAE
Reporter: Bob Currie

The European Commission has highlighted “strategic deficiencies” in the UAE’s anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023

Pirum hires Messina to North American team

25 July 2023 US
Reporter: Carmella Haswell

Gary Messina, former EquiLend vice president in client relationship management, joins Pirum as associate director of sales origination

Credit Suisse fined £87 million for Archegos failings

25 July 2023 UK
Reporter: Bob Currie

The Prudential Regulation Authority has imposed a fine of £87 million on Credit Suisse for risk management failures relating to its dealings with Archegos Capital Management, the limited partnership family office that collapsed in March 2021