The Common Supervisory Action will assess the maturity of Crypto-Asset Service Providers’ digital operational resilience frameworks in relation to custody activities
The no-action letter from the US Commodity Futures Trading Commission for solutions related to post-trade risk reduction provides exemptions that concern trading and reporting obligations
The European digital fund operations platform can now support French alternative investment fund managers with regulated portfolio management services, extending its model beyond Luxembourg
According to the T+1 Accelerated Settlement Taskforce, this is crucial to avoid an increase in settlements fails post-transition and ensure that the market functions efficiently and effectively on T+1
This review is part of ESMA’s work to support market participants in preparing for the transition to a T+1 settlement cycle and invites stakeholders to submit feedback by 7 July
Under the shared vision, the UK regulatory bodies identified key areas where firms required greater clarity from feedback, including prudential treatment, tokenised collateral, settlement instruments
The European Securities and Markets Authority has unveiled a harmonised approach to funds reporting, and has initiated a path towards more streamlined reporting across European markets
The FCA’s latest guidance proposes rules for the introduction of a direct dealing model for authorised funds to encourage fund efficiency and assist tokenisation models
The stock exchange asks market participants to review their securities and money-side activities, such as securities borrowing and lending, to support a T+1 move
The plan provides a practical framework for all market participants and financial market infrastructures to test their readiness for the move to T+1 settlement