Following a series of warning calls from industry stakeholders, ESMA is backing a delay to the CSDR settlement discipline regime originally due in September
Radical tax reforms introduced in January are set to encourage massive growth in Nigeria's securities lending market by removing a major tax hurdle, says the CEO of the Nigerian Stock Exchange
ICMA and the Investment Association have reinforced calls for a delay and reforms to the CSDR mandatory buy-in provisions with another letter to the European Commission
LCH notes that full implementation of the settlement discipline regime is “widely expected to occur once modifications to the TARGET2-鶹ý settlement system run by the European Central Bank are tested and complete”
Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR’s settlement regime to avoid a liquidity crisis in Septemeber
The SFTR Reporting Delegation Agreement aims to provide market participants with a “comprehensive and easy-to-use template” to assist in memorialising reporting services provided by agent lenders to beneficial owners