Due to a host of issues and on-going challenges, 11 trade associations are requesting a one-year reprieve from possible fines and penalties for non-compliance
Karan Kapoor, head of regulatory change and technology at Delta Capita, suggested the key will be to make settlement efficiency improvement a joint objective for front-office and operations teams
A further delay to the Central Securities Depositories Regulation's settlement discipline regime until 1 February 2022 has been welcomed by industry participants
Commenting on the letter, consultant Tony Freeman explained that the ESMA letter covers a lot of issues but one of the highest-profile is the issue of delegation and substantive-presence
20 August 2020Luxembourg Reporter: Rebecca Delaney
Clearstream has selected WM Gruppe as a service provider for three central securities depositories to meet requirements under the second Shareholder Rights Directive
Cappitech has extended its support of regulatory regimes to include the Monetary Authority of Singapore over-the-counter derivatives transaction reporting through DTCC
Mitsubishi UFJ Financial Group has selected AxiomSL’s global shareholding disclosures solution to automate daily equity position monitoring and reporting
Institutional Shareholder Services has launched a global proxy distribution shareholder identification service to help custodians and intermediaries meet requirements under the second EU Shareholder Rights Directive
