The Commodity Futures Trading Commission proposes to eliminate a provision disqualifying securities issued by certain pooled investment funds that transfer assets through securities lending and borrowing, repo and reverse repo
Equities played a major role in the global increase in lending revenue, contributing US$4.42 billion in H1 2023 revenue, and representing an 18 per cent YoY rise, as highlighted in EquiLend鈥檚 half-year edition of The Purple
The European Commission has highlighted 鈥渟trategic deficiencies鈥 in the UAE鈥檚 anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023
The Prudential Regulation Authority has imposed a fine of 拢87 million on Credit Suisse for risk management failures relating to its dealings with Archegos Capital Management, the limited partnership family office that collapsed in March 2021
The UK regulator will extend access to the scheme to a wider range of start-ups and allow data providers to list their data on the platform, extending access to over 200 synthetic, public or anonymised data sets
These recommendations aim to contain the impact of large margin changes on clearing participants and their clients, and to prevent contagion of liquidity stresses to other parts of the financial ecosystem