This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors
OTC Direct Connect will improve data access for OTC derivatives trades reported to DTCC’s Data Repository, using AWS Data Exchange to reference trade data held in AWS cloud
HSBC has announced plans for the release of a new digital assets custody service using Metaco’s institutional client platform, Harmonize
Feedback statement publishes anonymised summary of consultation responses reflecting on how AI may impact regulators’ ability to deliver prudential and conduct of business supervision in the UK financial sector
Almost 18 months after the close of its two-stage public consultation, the US securities regulator has released final rules for implementation of Rule 10c-1 relating to the reporting of securities lending transactions
The UK Prudential Regulation Authority (PRA) has pushed back the implementation date for the final phase of Basel III reforms in the UK by six months to 1 July 2025
The Bank of Italy’s Fabio Panetta will become chair of the Bank of International Settlements (BIS) Committee on Payments and Markets Infrastructure on 1 November 2023, replacing the Bank of England’s Sir John Cunliffe
The two companies indicate that this solution, built on R3 Corda DLT platform, is designed to address the challenges presented by inaccurate standing settlement instructions (SSIs) and to deliver a more efficient and secure trading environment
