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
The plan details initiatives across wholesale and retail payments that government and public authorities are implementing and how the initiatives contribute to the National Payment Vision ambitions
The European Securities and Markets Authority imposed the highest ever fine on a trade repository due to the firm not complying with key organisational obligations laid down in EMIR and SFTR
The Financial Conduct Authority previously barred Burdett and Goodchild from working in financial services for recklessly exposing pension holders to unsuitable investment
