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LMAX Group and SIX to launch crypto futures


17 March 2022 UK Switzerland
Reporter: Bob Currie

This centrally-cleared, cash settled service, which is awaiting full regulatory approval, will be tradeable 23 hours, 5 days per week at its proposed launch in Q3 and will extend to 24/7 trading with the full product release
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DTCC launches ITP Data Analytics


16 March 2022 US
Reporter: Bob Currie

The US post-trade infrastructure specialist releases new operational analytics service enabling broker-dealers and buy-side to benchmark performance against counterparties, peers and industry standards
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Russia’s sovereign default risk: into the red zone


16 March 2022 Russia
Reporter: Bob Currie

USD-denominated government debt coupons, which are due for payment today, are the first foreign-currency sovereign income payments to fall due since Russia issued its Presidential Decree on 5 March, notes Fitch Ratings
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Denmark-UAE treaty seeks to deny refuge for Dubai cum-ex defendants


15 March 2022 Denmark
Reporter: Bob Currie

Denmark’s Minister of Justice Nick Hækkerup will travel to the United Arab Emirates this week to sign an extradition treaty, potentially assisting efforts of the Danish tax authorities to pursue recovery from Dubai-based cum-ex defendants
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State Street Digital expands with global heads


15 March 2022 Global
Reporter: Carmella Haswell

Katie Richards joins State Street Digital’s Zurich office as global head of operations, while Marcus Grubb becomes global head of product in London
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Ronn Baker joins Baton Systems


15 March 2022 US
Reporter: Carmella Haswell

Baker joins the firm as senior director of North American sales, after 15 years at Wells Fargo
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UK regulators advise on sanctions and cryptoassets


14 March 2022 UK
Reporter: Bob Currie

BoE, FCA and OFSI indicate that they are working closely with government agencies and law enforcement worldwide to share intelligence and to prevent evasion of sanctions, including breaches using cyberassets