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
The memorandum marks the companies’ first collaboration with a Japanese-owned and Singapore-based asset manager respectively, with both aiming to develop investment products that will meet evolving investor needs in the two countries
The new offering is designed to provide accessible and actionable data and analytics, while delivering risk, revenue, regulatory and business resiliency insights
