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
The association suggested that this long-overdue review is now unavoidable and should be initiated with urgency to prevent further harm to the interest of retail investors
Linedata has partnered with Invisage to allow clients to track the performance of investment research under the second Markets in Financial Instruments Directive
Carpenter explained there are major concerns around the mandatory buy-in process, particularly for the tier-one banks under the buy-in rules and possible associated cash compensation process
