September: Securities Financing Transaction Regulation (SFTR), Markets in Financial Instruments Directive II (Mifid II) Review
October: The European Securities and Markets Authority’s (Esma’s) new stress tests, The move to in-house, Asset management buying guide, M&A in tech
November: Volcker Rule updates, Cross border real-time payments, bobsguide Awards
December: Tech for the year ahead, The year gone
January: Brexit, bobsguide Rankings, Algo trading tech updates
February: Strong Customer Authentication (SCA) prep
March: Pandemic a year on, Fighting fraud
April: Changing payment ecosystem, Invest Bank Survey
Securities Lending: Staying in prime position | Thought Leaders globalinvestorgroup.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalinvestorgroup.com Daily Mail and Mail on Sunday newspapers.
Securities finance: Securities lending industry defines its digital future
In a white paper 18 months ago, the International Securities Lending Association (Isla) and law firm Linklaters proposed that the securities lending market is at a crossroads. The market is becoming ever-more complex and regulation more onerous. Processes and systems that previously served the market relatively well are now becoming more cost and time-intensive.
The white paper – called ‘The Future of the Securities Lending Market: An Agenda for Change’ – predicted costs and risk will continue to increase, potentially to unsustainable levels. This means that standardising, automating and streamlining processes is more important than ever.
Risk.net
Expectations grow that a review of SFTR scheduled for April will be postponed due to Covid
Esma Print this page
A review of the European Union’s reporting rules for repurchase agreements (repo) is expected to be delayed, according to three sources familiar with the matter.
Banks and investment firms were meant to start reporting repo and securities lending trades under the Securities Financing Transaction Regulation (SFTR) in April last year. However, the European Securities and Markets Authority (Esma) recommended that national authorities avoid enforcing the requirements until July 2020, due to the
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A Forward Look At Regulation Of The UKâs Wholesale Financial Markets - Keynote Speech By Edwin Schooling Latter, Director Of Markets And Wholesale Policy At The FCA, Delivered At The ISLA s Post Trade Conference On 16 March Date
Location: ISLA s 11th Virtual Post Trade Conference
Delivered on: 16 March 2021
Highlights
Decisions to tailor securities financing transaction reporting and settlement buy-in rules to achieve the desired outcomes in the way that best fits UK-based markets.
The FCA welcomes recommendations to look at aligning prospectus documentation requirements with the type of capital raise being undertaken.
There is scope to simplify and remove costs from some parts of the MiFIDII regime without material loss of benefits.