Following their announcement in October, RBC Investor Services and CACEIS have confirmed completion of the deal through which the French headquartered bank will acquire RBC’s European asset servicing book of business and Malaysia operations centre
The Monetary Authority of Singapore (MAS) has been working in partnership with industry firms through its Project Guardian initiative to test the viability of asset tokenisation and decentralised finance in financial services
LCH Group has exercised its right to buy back Euronext’s holding in LCH SA following the early termination of the derivatives clearing arrangement between Euronext and the Paris-based clearing house with Euronext’s purchase of CC&G
Through consultation with the Corda community, this evolution is driven by scalability, enhanced privacy and security, user friendly dev tools and the new generation platform’s ability to interconnect and interoperate with other DLT platforms
In line with ESMA’s legal mandate under EMIR, this exercise will assess the resilience of CCPs to adverse market shocks and the danger that failure of a CCP or clearing member can propagate risk across the financial system
Pecora will take over the helm at the multi-asset clearing house from 3 July and will replace Marco Polito, who stepped down as CEO of CC&G following the general assembly held on 27 April
The CCMS collateral solution is targeted for Q3 2023 and will deliver improved automation, optimisation and collateral mobilisation, while bringing domestic triparty repo to the Canadian market for the first time
The study, published by BIS Innovation Hub Nordic Centre, evaluates how central bank digital currency payments could be made without access to the Internet, an essential consideration for resilience planning and for CBDC payments in remote locations
