SLIB has implemented substantial extensions in its Clearing Risk Management (SLIB CRMS) solution, inspired by the European Market Infrastructure Regulation (EMIR)...
17 October 2014New York Reporter: Catherine Van de Stouwe
An industry steering committee and an industry working group has been formed by the DTCC to facilitate the move to shorten the settlement cycle in the US...
16 October 2014Washington DC Reporter: Stephen Durham
The SEC has engaged in enforcement action against a former Wells Fargo Advisors compliance officer who allegedly altered a document before it was provided to the SEC during an investigation...
16 October 2014London Reporter: Catherine Van de Stouwe
Westminster City Council and the London Borough of Hammersmith and Fulham has asked Northern Trust to provide global custody, investment accounting and performance measurement for £1.9 billion in pension fund assets...
15 October 2014New York Reporter: Catherine Van de Stouwe
FICC, subsidiary of the DTCC, has announced it intends to submit a rule filing with SEC and an Advance Notice filing to both the SEC and the Federal Reserve to provide central clearing for over $1.6 trillion institutional tri-party repo market...
15 October 2014Brussels Reporter: Catherine Van de Stouwe
There was a large drop in net sales of UCITS for August 2014, according to EFAMA, which put August’s figure at €38 billion compared to €59 billion in July...