In a briefing note, ICMA outlined that as part of the broader review of the CSDR mandatory buy-in framework, the requirement to appoint a buy-in agent should be removed
Due to a host of issues and on-going challenges, 11 trade associations are requesting a one-year reprieve from possible fines and penalties for non-compliance
Karan Kapoor, head of regulatory change and technology at Delta Capita, suggested the key will be to make settlement efficiency improvement a joint objective for front-office and operations teams
A further delay to the Central Securities Depositories Regulation's settlement discipline regime until 1 February 2022 has been welcomed by industry participants
Financial Services Commission cited concerns over fresh market volatility caused by a second wave of COVID-19 infections and plans to ratchet up penalties on illegal short selling activities
ISLA in partnership with Clifford Chance has published a series of letters aimed at guiding triparty collateral managers and agent lenders through SRD II
