BNP Paribas reported its securities services revenues came in at €2.2 billion for Q4 2020, an increase of the €544 million total in the bank’s Q3 financial results
The Quaternion division of AcadiaSoft will be led by its co-founders CEO Donal Gallagher, and chief technology officer Roland Lichters
Based in Oslo, Stenmark is responsible for Northern Trust’s new Norway office and takes on the role as head of depositary for Norway
The new bill, the Blockchain II Act 2021, will enable the issuance of dematerialised securities directly in DLT devices
To avoid damaging market liquidity and stability, the trade body suggests the CSDR settlement discipline regime should be split in two, with cash penalties going live in February and the buy-ins held pending a “in-depth assessment"
Experts suggest HM Treasury’s assertion that its review will suddenly and significantly increase the opportunities for the asset servicing industry is far-fetched
ICMA has presented a ‘waterfall’ of proposals for implementing the SDR, based on its members’ assessment of what it considers most optimal in terms of minimising disruption to Europe’s bonds markets while still attaining the objectives of CSDR
RBI's Johann Strobl says: “Our goal is to offer sustainable financial products and services to support our clients in their transformation towards a sustainable future and therefore to make also a positive contribution to society"
