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Brock University selects CIBC Mellon as custody provider
29 June 2021 Canada
Reporter: Becky Bellamy

Brock University selected CIBC Mellon after conducting a thorough review of the Canadian market

DTCC provides first electronic certificate as part of dematerialisation efforts
28 June 2021 US
Reporter: Becky Bellamy

The new platform provides a paperless process for the delivery of CDs, increasing efficiency through automation, improving data quality, reducing risk, and providing greater transparency into the eligibility lifecycle

TCS launches Quartz for markets
28 June 2021 India
Reporter: Becky Bellamy

The new solution is aimed at MIIs such as exchanges, depositories, central banks, payment institutions, private banks, custodians and issuers

MJ Hudson acquires Clarus Risk
28 June 2021 UK
Reporter: Bob Currie

Buy-side consultant buys regtech Clarus to strengthen its hand in private asset risk and automated regulatory reporting

Corrine Lamesch re-elected as ALFI chair
28 June 2021 Luxembourg
Reporter: Becky Bellamy

The appointment is effective immediately and her second mandate will run for two years. In addition, a new board of directors has been elected

Man Group selects corfinancial’s Salerio to migrate OASYS trade processing
28 June 2021 UK
Reporter: Becky Bellamy

Last year, DTCC announced that it would decommission OASYS on 31 October 2021

ESMA registers first two repositories under the Securitisation Regulation
28 June 2021 France
Reporter: Bob Currie

The European DataWarehouse, located in Germany, and Netherlands-based SecRep become the first two SRs to be licensed under this regulation

Apex Group’s Melville Rodrigues weighs in on the FCA’s climate proposal
28 June 2021 US
Reporter: Maddie Saghir

The FCA guidelines build on rules introduced in December 2020, applicable to the most prominent listed commercial companies in the UK, which uphold many of the recommendations of the Taskforce on climate-related financial disclosures

Ocorian acquires Nordic Trustee
25 June 2021 Norway
Reporter: Maddie Saghir

Ocorian explains that the transaction reflects its strategy to further build its capital markets offering

BoE confirms supervisory action against Euroclear UK and Ireland following settlement outage
25 June 2021 UK
Reporter: Bob Currie

The Bank of England has initiated supervisory action against Euroclear UK and Ireland in connection with an outage in its CREST settlement system in September 2020

LCH EquityClear boosts services offering
25 June 2021 UK
Reporter: Maddie Saghir

EquityClear is LCH’s UK-registered equities clearing service, with connectivity to 16 trade venues and 19 Central Securities Depositories (CSDs) across Europe

Ivno and CloudMargin combine blockchain technology with collateral management
24 June 2021 UK
Reporter: Maddie Saghir

The partnership will enable market participants to benefit from minimising transfer costs, settlement failures and cash trapped in transit while optimising liquidity via tokenisation solutions