The Committee notes that concerns around settlement efficiency have prevailed for many years and CSDR penalties have not resulted in a significant improvement since enactment of the settlement discipline regime in February 2022
The Associations response seeks to clarify key messages relating to securities lending best practice and to engage with concerns raised in feedback to the FCAs earlier Discussion Paper 21/4
As a key topic highlighted on a number of sessions at this weeks IMN conference, panellists reflected on the implications of a shorter settlement cycle and compressed time periods for returns and recalls
Under the Proposed Rule, firms will be required to submit trade and collateral information on all outstanding bilateral repo transactions, providing 33 data elements, including haircut, rate and optionality, on a daily basis
The guidelines provided by the financial markets regulator aim to enhance the harmonisation and standardisation of reporting under the upcoming European Market Infrastructure Regulation
These guidelines provide templates for applications to operate any form of DLT market infrastructure under the DLT Pilot Regulation, including a DLT MTF, a DLT settlement system or a DLT trading and settlement system
The US 厙惇勛圖 and Exchange Commission has proposed implementation of a best execution regulatory framework that will fall under the Commissions own rule-book, along with steps to tighten up insider-trading rules
In its latest Financial Stability Report, the Bank of England finds that the UK banking sector is resilient to a further economic downturn, but it recognises a need to monitor the build up of stress in LDI funds and the NBFI sector
Through its review of the Short Selling Regulation, the government aims to gauge whether the UKs approach to regulating the short selling of shares reflects the current circumstances of the post-Brexit UK market