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Compliance firm seeks Lombard assistance


24 March 2014 London
Reporter: Georgina Lavers

The firm Compliancy Services has selected Lombard Risk Management to provide their clients with regulatory returns submission services...
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SL-x is FCA approved


24 March 2014 London
Reporter: Georgina Lavers

The Financial Conduct Authority has approved SL-x’s application to commence operating as a multilateral trading facility...
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Clearstream GSF grows 3 percent


21 March 2014 Frankfurt
Reporter: Georgina Lavers

Clearstream’s February 2014 figures have shown assets under custody increasing, and continued growth across settlement and securities financing seemingly showing early customer support of the firm’s T2S strategy...
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FINRA lays £1.1mn fine on Citi


20 March 2014 Washington
Reporter: Georgina Lavers

Citi has received a slap on the wrist to the tune of $1.1 million, after violating FINRA’s short selling rules...
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Hong Kong gets collateral refresh


20 March 2014 Hong Kong
Reporter: Georgina Lavers

Southeast Asia Traders has enhanced its collateral management platform in Hong Kong...
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Meridian buyout adds lending for clients


19 March 2014 Bermuda
Reporter: Georgina Lavers

Mitsubishi UFJ Fund Services is to acquire Meridian Fund Services Group, a fund administrator with $14 billion AUA...
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Risks still persist, says ESMA


17 March 2014 Paris
Reporter: Mark Dugdale

Stress in EU securities markets has decreased, but key markets and investors continue to face substantive risks, according to the European Â鶹´«Ã½ and Markets Authority...
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Klain connects QASymphony and Doran Jones


14 March 2014 London
Reporter: Georgina Lavers

QASymphony, a developer of quality assurance software testing tools, has partnered up with Doran Jones to sell its software tools...
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Bank of Canada mixes up concentration limits


14 March 2014 Toronto
Reporter: Georgina Lavers

After a six month waiting period, the Bank of Canada has detailed the specific changes to conditions for assets eligible as collateral...
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BNY Mellon teaches collateral eligibility


11 March 2014 New York
Reporter: Georgina Lavers

BNY Mellon is implementing an enhanced collateral management programme for BofA Merrill Lynch to expand collateral eligibility...
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SEC cracks down on shorting with record fine


11 March 2014 Long Island
Reporter: Georgina Lavers

The Â鶹´«Ã½ and Exchange Commission (SEC) has slapped the largest-ever monetary sanction for a Rule 105 short selling violation, as a Long Island-based proprietary trading firm and its owner agreed to pay $7.2 million to settle charges...