The New York-based firm has expanded its senior leadership team with Steve Bisgay as chief financial officer, Ursula Clay as chief compliance officer, and Brent Posner as chief operating officer
The update considers outstanding standards that remain after the Basel III framework’s 1 January 2023 implementation date, outlining progress that has been made by BCBS member jurisdictions since the end-September 2022 update
UOB is the first Southeast Asian bank to join ForexClear as a direct member, and is the final Singapore local banking group to join as a direct member of SwapClear
The European Securities and Markets Authority (ESMA) has terminated clearing recognition for JSE Clear, the central counterparty wholly-owned by the Johannesburg Stock Exchange, following South Africa’s addition to the AML blacklist
Gerard Losurdo, former co-head of Siebert Financial’s securities finance group, will join the New York-based firm alongside Joseph Lotito and Stephen Tran to lead a new securities lending business unit
Using distributed ledger technology, the platform reduces manual intervention across reconciliation and control processes, accelerates key function completion and reduces operational costs, Baton Systems says
02 October 2023Hong Kong Reporter: Carmella Haswell
Stephen Howard brings almost 30 years’ industry experience to the newly formed position, where he will establish and implement PASLA’s engagement strategy while advocating for Association members