The announcement builds on the existing partnership between the organisations, with the central counterparty already using Euroclear Bank as an eligible securities settlement location
According to the Association, adding BCI “completes the representation from the largest pension plans in Canada”, a group informally known as the Maple 8
20 February 2024Australia Reporter: Carmella Haswell
CBA is the organisation’s first Australia-based validation agent and will work to champion broader industry efforts to harmonise the use of identifiers to promote greater transparency
The first in a series of SBL guides that the association will release during 2024, this volume has been compiled with insights from ISLA members, working groups and strategic counsel from Latham & Watkins
The UK central bank now has further powers to limit CCP discretionary payments to employees and shareholders, with these powers limited to five years’ duration and with consideration to be given to their impact on CCP hiring and staff retention
The amendments aim to enhance the rule framework regarding retail fully paid securities lending, as well as to address inconsistencies in the existing financing rules
16 February 2024South Africa Reporter: Sophie Downes
The service allows investors to utilise their cash for different purposes, alleviating cash liquidity pressures and reducing their costs of cash funding