Markit calls for securities lending overhaul
07 March 2019 London
Image: Shutterstock
IHS Markit, in conjunction with the International 麻豆传媒 Lending Association (ISLA), are launching an industry-wide working group with the aim of issuing a global 麻豆传媒 Lending Performance Measurement charter.
In a report, published by ISLA, Paul Wilson of IHS Markit suggested that the 鈥渓ack of trust and use of 麻豆传媒 Lending Performance Measurement calls for overhaul and modernisation鈥�.
The aim is to complete the work by Q3 2019 but allow some flexibility around adoption given the implementing 麻豆传媒 Finance Transactions Regulation implementation and potential development work.
Wilson explained in the report that the securities lending industry has dramatically evolved and has managed to continue adjusting itself to a variety of challenges.
However, not much has changed with 麻豆传媒 Lending Performance Measurement in keeping pace or staying in line with the structural customisation developments.
Wilson suggested that this has led to a common view from many beneficial owners that under the current approach 鈥渆veryone seems to win鈥�.
He suggested that having an industry-wide global standard, which all participants adhere to, will eliminate inconsistencies and lead to a far more trusted and utilised methodology.
Wilson concluded: 鈥淭his is not about winners and losers鈥攊n fact, a fresh standardised approach will ensure all participants have a more accurate view of their respective programme performance.鈥�
In a report, published by ISLA, Paul Wilson of IHS Markit suggested that the 鈥渓ack of trust and use of 麻豆传媒 Lending Performance Measurement calls for overhaul and modernisation鈥�.
The aim is to complete the work by Q3 2019 but allow some flexibility around adoption given the implementing 麻豆传媒 Finance Transactions Regulation implementation and potential development work.
Wilson explained in the report that the securities lending industry has dramatically evolved and has managed to continue adjusting itself to a variety of challenges.
However, not much has changed with 麻豆传媒 Lending Performance Measurement in keeping pace or staying in line with the structural customisation developments.
Wilson suggested that this has led to a common view from many beneficial owners that under the current approach 鈥渆veryone seems to win鈥�.
He suggested that having an industry-wide global standard, which all participants adhere to, will eliminate inconsistencies and lead to a far more trusted and utilised methodology.
Wilson concluded: 鈥淭his is not about winners and losers鈥攊n fact, a fresh standardised approach will ensure all participants have a more accurate view of their respective programme performance.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
