Can DLT build regulator and public confidence in securities lending?

A report last week claimed that cum/ex and cum/cum trades has cost governments an estimated €150 billion in tax revenue across 12 countries from 2000-2020. One compelling response considers Distributed Ledger Technologies (DLT) as a mechanism that could dispel fraud accusations by providing transparency into the actors and rationales behind the trades. Could this bear out in practice?
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