This proprietary solution links directly to Hong Kong’s central clearing and settlement system and will support demand for faster settlement to drive collateral management efficiency, settlement confirmation reporting and other gains in post-trade pe
The project aims to help AGC members meet regulatory compliance requirements under Investment Company Act Rule 17f-7, which outlines how US mutual funds can hold securities through foreign depositories
Citi has appointed Karoline Belwal as global head of strategy and product development for data, digital and innovation at its securities services business
The strategic alliance goes live from today and will support financial services companies and investors extending their footprint in Singapore, Gujarat International Financial Tec-city and other Indian locations
The platform was approved as a cryptoasset exchange provider by the UK’s Financial Conduct Authority in November 2022. Its electronic marketplace will initially facilitate Bitcoin and Ethereum spot trading
Citi indicates that it has executed the first tranche of northbound trades with offshore investors through Swap Connect, the trading link for interest rate swap contracts between Hong Kong and the Chinese mainland
The supervision and regulation review documents the challenges Federal Reserve supervisors faced in identifying the bank's vulnerabilities before it collapsed in March 2023
The speaker emphasised the benefits that an organisation’s digital transformation can have on the broader economy, alongside a company’s direct customers