News and Notes

FIA launches European client clearing model that replicates US FCM

BrokerTec US repo up 17% y/y, European repo flat in November

OCC sees 11% y/y rise in daily loan value at $192bn in November

BNY, Nasdaq and S&P Global among investors in Canton network

AFME: EC proposals on post-trade risk are “a missed opportunity”

Broadridge DLR chalks up $368bn daily repo in November, up 466% y/y

Tradeweb repo ADV pops 17.9% y/y to $824.8bn in November

Deutsche Börse and Kraken team up for institutional Trad-De-Fi bridge

EU Commission’s market integration proposal sets up ESMA as pan-European supervisor

Smartstream taps agentic AI for investigations and exceptions handling

ESRB warns on five AI features that could amplify systemic risk

SIX plans to integrate Swiss and Spanish CSDs into multi-asset CCP

Eurex Repo sees market jump 51% y/y to €525.4 billion in November

US SEC’s Crenshaw blasts regulatory tactics on securities lending reporting extensions

BoE lowers tier 1 capital requirements to 13% of RWAs

Anthropic details first documented agentic AI cyber attack

Standard Chartered goes live on CLSNet as Asian banks join pipeline

CME to launch UST and UST repo clearing in Q2 2026

Global insurer group says supervisory priorities are private credit, geoeconomic fragmentation and AI adoption

BoE stability report highlights gilt repo, flags future leverage ratio changes and private market stress tests

AIMA backs BoE’s new private markets stress test, major PE firms signed on

EACH: UK gilt repo market reforms should be “carefully calibrated”

Bank of Canada repo paper looks at dealer balance sheet constraints, hedge fund trading and impacts on CORRA

MFA calls on BoE to reject mandatory gilt repo clearing and haircuts

CBA, HQLA^X detail tokenized repo collateral progress to Australia central bank

Basel Committee details additional indicators in G-SIB assessment

ICMA ERCC survey shows European repo at record EUR 12.4 trillion

UBS tokenizes gilt holdings on LSEG’s DMI in trial run

Wematch and Eurex team up for basket TRF workflow

SIX acquires Baymarkets to boost pan-European post-trade solutions

UK FCA opens regulatory sandbox to stablecoin issuers, signs on “major firm”

Neobank Revolut deploys Nasdaq’s regulatory reporting and risk platform used by G-SIBs

Amundi tokenizes first MMF with Caceis’ hybrid transfer agent services

ISDA responds to UK and US regulatory proposals on fund and collateral tokenization

SIFMA’s Bentsen: SLR reform final rule restores eSLR to proper role as backstop

Deutsche Börse to integrate euro-backed stablecoin EURAU

ECB: banks resilient amid elevated financial stability vulnerabilities

Valor: Securities lending on B3 jumps 53% driven by investment funds

CFTC publishes regulatory interpretation to “unlock over $22bn of collateral”

BoC scrutinizes CORRA calculations as CCMS set to structurally change market

UK FCA transaction reporting proposals to save firms £100mn a year

BlackRock invests in AccessFintech as firms integrate platforms

UK Treasury exempts SFTs from T+1 draft regulations

IMF advises central banks on tokenized reserves models and policy

Bloomberg: HSBC restructuring to bolster debt financing business

FN London: UK FCA hunts insolvency experts to ward off system-wide collapses

EBA collecting list of EU counterparties for ISDA SIMM approval

Rimes and Databricks to provide “AI ready” managed data services

OCC taps AWS’ genAI solutions for code testing and software deployment

GBM Securities introduces triparty structure with BNY Pershing EMEA