State Street is set to enter the triparty collateral arena for buy-side clients ahead of the fifth phase of the UMR in September
As the first buy-in messages ever to be registered, they set the reporting standard, developed from scratch in ISO20022, KDPW says
The Polish trade repository quietly cut UK EMIR reporting from its available services after a late-stage deal it had negotiated with an on-shore TR to divert business through as of January fell through weeks before the Brexit deadline
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"
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
The firm’s post-trade business now boasts almost 1,000 active clients, including more than 500 new firms brought onboard as part of the RRH deal
Zürcher Kantonalbank was the first to leverage the joint FundsDLT-Clearstream solution, with an end investor placing a fund transaction request via a mobile app directly on the private blockchain
The commission’s conditional approval of LSEG’s acquisition of Refinitiv also makes Euronext’s successful purchase of Borsa Italiana from LSEG much more likely
