Shah will step down from the Swift board of directors after 16 years as chair but will continue as managing director in Citi’s institutional clients group
These guidelines provide templates for applications to operate any form of DLT market infrastructure under the DLT Pilot Regulation, including a DLT MTF, a DLT settlement system or a DLT trading and settlement system
The US Securities and Exchange Commission has proposed implementation of a best execution regulatory framework that will fall under the Commission’s own rule-book, along with steps to tighten up insider-trading rules
15 December 2022Switzerland Reporter: Carmella Haswell
The organisation indicates a growing requirement for harmonisation in cross-border trust services in the face of increasing levels of international trade and commerce taking place across digital platforms
In a decision announced yesterday in the Bonn courts, Berger has also been required to repay more than €13.5 million that he was deemed to have generated illegally through cum-ex trading and tax improprieties
The clearing house indicates that these trades confirm its commitment to supporting benchmark transition in cleared and bilateral Nordic markets and the reform of interest-rate benchmarks worldwide
Ahikam Finkel joins the firm as vice president of research and development, where he will draw on 20 years of experience to scale and manage Sharegain’s R&D capabilities
In its latest Financial Stability Report, the Bank of England finds that the UK banking sector is resilient to a further economic downturn, but it recognises a need to monitor the build up of stress in LDI funds and the NBFI sector
14 December 2022South Africa Reporter: Carmella Haswell
Integrating their respective end-to-end processing solutions, the firms indicate that users of the service can streamline processes and strengthen operational efficiency throughout the proxy voting lifecycle in South Africa
14 December 2022Luxembourg Reporter: Carmella Haswell
Clearstream’s Global Securities Finance business declined 5 per cent YoY to €551.6 billion in volume outstanding during November, according to its monthly figures
The documents have been designed to allow parties to accept a wide pool of VCCs for delivery and support trading of carbon credits across carbon standards and registries
Participants indicate that trial lays foundations for an alternative Swiss post-trade infrastructure functioning without CCP or CSD, enabling reduced cost and complexity across the securities transaction lifecycle
