News search | Securities Finance Times

Generic business image for news articles

SEC adopts Rule 10c-1 relating to reporting of sec lending trades
16 October 2023 US
Reporter: Bob Currie

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

DSB launches UPI service
16 October 2023 Switzerland
Reporter: Klea Neza

The UPI, an International Organisation of Standardisation standard, has been developed to allow aggregation of OTC derivatives transactions reported to trade repositories

Socium Fund Services picks Cascata Solutions
16 October 2023 US
Reporter: Jenna Lomax

Socium Fund Services is a Suntera Global company that offers middle- and back-office solutions to institutional and emerging managers for waterfall distributions

Marex joins ASX
16 October 2023 Australia
Reporter: Lucy Carter

The company will provide direct trading and clearing services through the exchange, improving competition within the market and choice for Australian wholesale investors

SKDD releases new CSD platform
16 October 2023 Croatia
Reporter: Lucy Carter

SKDD partnered with Montran on the initiative, introducing a range of new solutions for sustainable securities market management. It is now able to operate on the TARGET2-Securities platform in the Euro Area, and uses ISO 20022 messages

FSB publishes annual progress report on climate-related disclosures
16 October 2023 Switzerland
Reporter: Jenna Lomax

The FSB welcomes the publication of the ISSB Standards, which will serve as a global framework for sustainability disclosures

Venturerock selects CSC for fund and regulatory compliance services
13 October 2023 Netherlands
Reporter: Jenna Lomax

As part of the mandate, CSC will provide the company with fund accounting, investor reporting and regulatory compliance services

Ruya Partners picks The Maples Group for fund administration services
13 October 2023 UAE
Reporter: Jenna Lomax

Ruya Partners is an independent, partner-owned private capital investment firm that provides financing solutions for private-sector firms in developing markets

Deutsche Bank completes Numis acquisition
13 October 2023 UK
Reporter: Lucy Carter

Deutsche Bank has completed its acquisition of Numis Corporation, establishing Deutsche Numis as a UK investment banking and advisory services provider

ESMA launches Commission Delegated Regulation revision consultation
13 October 2023 Europe
Reporter: Lucy Carter

The proposals regard fees charged to Tier 1 third country central counterparties under the European Market Infrastructure Regulation

Natixis CIB opens Toronto office
13 October 2023 Canada
Reporter: Lucy Carter

The office will support Canadian clients’ global activities, and will work in parallel with the firm’s Montreal outpost

European Parliament and Council calls for clear rules on EC’s AML package
13 October 2023 Europe
Reporter: Klea Neza

In their recent paper, the Parliament highlights that the rules on identifying customers’ beneficial owners “have to be calibrated correctly and fit well within customer due diligence processes”