Northern Trust’s integrated trading solutions outsourced trading desk will support the firm’s equities, derivatives and fixed income asset trading as its sole trading services provider
The SEC has announced that Credit Suisse Securities and two affiliated Credit Suisse entities have agreed to pay more than US$10 million to settle the SEC’s charges that they provided prohibited underwriting and advising services to mutual funds
The report measures the effectiveness of NCAs’ supervision of CCPs’ due diligence and review process of clearing members, in line with requirements outlined in EMIR
GBAM consists of asset management firms that offer a limited range of products, have “a close relationship with clients and a relatively flat organisational structure”, the group explains
The authorities aim to reduce the responsibilities placed on individual firms and FMI entities around operational resilience and third-party risk management through direct regulatory oversight of critical third parties
The product allows issuers to directly publish golden source meeting announcements to investors and intermediaries, improving the speed and accuracy of reporting
