David Shone joins Data Standards Committee as part of BoE’s data collection programme
01 October 2021 UK
Image: ISLA
The International Securities Lending Association (ISLA) has announced David Shone, director of market infrastructure and technology, is now part of the Data Standards Committee, as part of Bank of England's Transforming Data Collection Programme.
The committee, which began in July, serves as a forum for stakeholders, including reporting firms, trade bodies, and relevant standard setting bodies, to discuss issues and propose solutions on data standards.
The Bank of England is working with the Financial Conduct Authority (FCA) and industry to transform data collection from the UK financial sector.
Its key reforms involve focusing on defining and adopting common data standards, modernising reporting instructions and integrating reporting.
With more than a decade of experience in the industry, Shone joined ISLA in 2020 as a consultant of regulatory and technology before being promoted to director.
Prior to this, he spent six years with State Street in a number of senior roles including vice president of Europe, the Middle East and Africa (EMEA) head of business solutions, policy and control.
Additionally, he held positions at UBS Investment Bank including AO swaps support and client manager of over-the-counter equity derivatives confirmations.
The committee, which began in July, serves as a forum for stakeholders, including reporting firms, trade bodies, and relevant standard setting bodies, to discuss issues and propose solutions on data standards.
The Bank of England is working with the Financial Conduct Authority (FCA) and industry to transform data collection from the UK financial sector.
Its key reforms involve focusing on defining and adopting common data standards, modernising reporting instructions and integrating reporting.
With more than a decade of experience in the industry, Shone joined ISLA in 2020 as a consultant of regulatory and technology before being promoted to director.
Prior to this, he spent six years with State Street in a number of senior roles including vice president of Europe, the Middle East and Africa (EMEA) head of business solutions, policy and control.
Additionally, he held positions at UBS Investment Bank including AO swaps support and client manager of over-the-counter equity derivatives confirmations.
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