Leading the Way

Global Securities Finance News and Commentary

Regulation news

SEC extends clearing rule compliance deadlines

26 February 2025 US
Reporter: Daniel Tison

The Securities and Exchange Commission says this extension will provide additional time for further engagement on compliance, operational, and interpretive questions, and facilitate an orderly implementation of the rules

AustralianSuper fined AU$27m

24 February 2025 Australia
Reporter: Daniel Tison

The Federal Court found that Australia’s largest super fund failed to merge multiple member accounts

ECB changes collateral rating rules

24 February 2025 EU
Reporter: Daniel Tison

Under the new rules, private sector assets will be assessed based on the second-best rating among those from accepted external credit assessment institutions

SASLA: Reg IM brings questions to South Africa’s SFT market

21 February 2025 South Africa
Reporter: Carmella Haswell

ESMA publishes technical standards to clarify CSDR Refit framework

21 February 2025 EU
Reporter: Daniel Tison

SASLA: Facing wins and uncertainty in South Africa

20 February 2025 South Africa
Reporter: Carmella Haswell

Industry participants reviewed market developments and regulatory issues impacting the SFT markets at the South African Securities Lending and Collateral Management conference

SEC withdraws Dealer Rule appeal

20 February 2025 US
Reporter: Daniel Tison

Trade associations welcome the decision of the US Securities and Exchange Commission to withdraw its appeal from January

FCA fines Mako for cum-ex violations

20 February 2025 UK
Reporter: Daniel Tison

Mako was fined more than £1.6 million for failing to ensure it had effective systems and controls to guard against financial crime

FINRA reveals technical specifications for SLATE reporting

14 February 2025 US
Reporter: Carmella Haswell

If approved by the SEC, firms will be required to report covered securities loan information to SLATE pursuant to FINRA’s rules beginning 2 January 2026

Leading the Way

Global Securities Finance News and Commentary