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"
“This transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership with customers,” says LSEG’s CEO
As an ambassador, van Asselt will draw on his global network built during his career in the financial services industry to support the growth of Apex’s new and existing client relationships
BNY Mellon has appointed Mariano Giralt to the role of branch manager while Ana Arias will be deputy branch manager of the new Madrid office
