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Paul Richards steps down from ICMA
09 January 2024 UK
Reporter: Sophie Downes

Paul Richards will step down and assume the position of senior advisor to the International Capital Market Association until the end of the year

FCA publishes draft amendments to validation rules of SFTR
04 August 2023 UK
Reporter: Jenna Lomax

The draft amendments have been put forward to support the ongoing reporting of securities financing transactions under the post-Brexit UK version of SFTR

StoneX Launches SOFR Swap Trading for FX Clients
14 July 2023 US
Reporter: Jamie Richards

The American financial services firm has announced the new capabilities as part of its transition from LIBOR to SOFR, offering users near-term protections from higher interest rates

FSB tells market to act now on USD LIBOR transition
27 April 2023 Switzerland
Reporter: AST

With the end date for USD LIBOR transition now less than three months away, the Financial Stability Board is encouraging the market to finalise the transition of legacy contracts to prevent a “pile up” as the cut-off approaches

DTCC launches service to support transition from LIBOR benchmark rates
13 March 2023 US
Reporter: Bob Currie

The Depository Trust and Clearing Corporation has launched a LIBOR Benchmark Replacement Index solution to support the industry’s transition to alternative benchmark rates ahead of the 30 June LIBOR cessation

Tradition DATA releases full suite of Thai Overnight Repurchase Rate analytical data
08 August 2022 UK
Reporter: Jenna Lomax

THOR will replace the Thai Baht Interest Rate Fixing which will be discontinued after 30 June 2023

BIS names Luis Bengoechea deputy head of banking
22 June 2022 Switzerland
Reporter: Rebecca Delaney

The Bank for International Settlements has appointed Luis Bengoechea as deputy head of banking

Daron Pearce joins JPSB Group board
14 October 2021 US
Reporter: Maddie Saghir

“There is a substantial addressable market for JPSB, particularly with their reputation for systems implementation and optimisation excellence, and I look forward to playing my part in their continued growth story,” says Daron Pearce

Qomply picks former ICE president for its advisory team
08 September 2021 UK
Reporter: Jenna Lomax

Qomply has appointed David Peniket, former president of Intercontinental Exchange to its advisory team

TraditionDATA expands its BCMP for SOFR content
01 September 2021 US
Reporter: Jenna Lomax

Effective immediately, BCMP users will be able to access new SOFR-focused content, including USD medium term swaps versus SOFR, USD SOFR basis swaps and SOFR overnight index swap swaps data

Former SEC chair takes up advisory board position at Fireblocks
20 August 2021 US
Reporter: Jenna Lomax

As advisory board member, Clayton will be responsible for helping Fireblock’s customers navigate market and regulatory rules that affect the development and deployment of digital solutions

FSB says act now on LIBOR transition
07 July 2021 Switzerland
Reporter: Bob Currie

Many LIBOR panels will no longer operate from the end of 2021, with some USD settings being retained until June 2023 to enable an efficient wind-down of legacy contracts