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ABS appoints EDB for depositary services


31 October 2023 Europe
Reporter: Klea Neza

As part of the new mandate, EDB has been selected to provide depositary services for 32 bank accounts for 14 special purpose vehicles
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AFME and Deloitte releases post-trade inefficiencies paper


31 October 2023 Europe
Reporter: Lucy Carter

While the introduction of cash penalties under the Central Securities Depositories Regulation has reduced settlement fails somewhat, particularly for equities, the report affirms that inefficiencies remain, prompting higher costs and increased risk
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Sophia Fulugunya joins Qomply


30 October 2023 UK
Reporter: Lucy Carter

Fulugunya has more than eight years of industry experience and joins Qomply from regulatory consultancy firm Bovill, where she was a capital markets associate
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Steven Czarnota joins Tonic


27 October 2023 UK
Reporter: Lucy Carter

In the London-based role, Czarnota will work on key specialist transformation projects across areas including collateral and post trade
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ESMA’s Dubai CCP decision suspended by ESA


27 October 2023 Europe
Reporter: Lucy Carter

ESMA made the decision based on the inclusion of the United Arab Emirates on the high-risk third countries list included in the Commission Delegated Regulation