News and Notes

Northern Trust taps CloudMargin to boost collateral management solution

ESMA weighs using SBL rates for CSDR penalty mechanism

European authorities warn on combination of climate transition risks and macroeconomic shocks

FINRA submits SEC filing to adopt SLATE with 10c-1a alignments

ESG Dive: J.P. Morgan details “green financing ratio” amid energy transition “reality check”

FIA Tech to lauch sanctioned securities for DataBank Network in December

Baton: ECB review shows intraday liquidity risk “not a side issue”

Quantinuum and Mitsui create quantum financial instruments that settle as tokens

ESMA proposes to move to T+1 by October 2027

Bilyonaro: Philippines central bank adopts GMRA

Broadridge signs on 3 major FIs for corporate actions solution

FSB: slow progress on SFT recommendations increases NBFI risk

Global Relay: financial institutions see 400% rise in genAI comms capture

Bloomberg: J.P. Morgan says surge in equity-backed repo to persist

Citadel’s Geary and industry pros launching digital asset pod shop

ECB fines Lux bank €1.7mn for misreporting capital requirements

NY Fed to upgrade trading system for repo and reverse repo in Q1 2025

ECB spotlights intraday liquidity risk practices after 2023 banking turmoil

People moves: BIS, Broadridge, GLMX, SSImple

Gilts on DLT and pension “mega funds” on UK government agenda

P&I: UK pushes ahead with short selling reform plans

ESMA collecting data on costs for AIFs and UCITS investment

Insurance association approves capital requirement standard

J.P Morgan to move FX settlement to DLT and rebrands Onyx platform as Kinexys

OFR working paper: Repo Market Intermediation: Dealer Cash and Collateral Flow Management across the U.S. Repo Market

CSD Prague to use R3’s Corda for EU DLT Pilot regime

EDHEC’s venture launches ESG platform to analyze equity portfolio risk

FSB calls for review of existing regs as AI adoption accelerates

Shangai’s BOCOM Fintech becomes GLEIF validation agent

NY Fed’s Perli: repo rates above SRF are to be expected based on segment activity

X9 releases cloud computing standard for financial services

Nasdaq LatAm survey shows markets need an operations overhaul

Euroclear and Transcend partner on collateral optimization service

FICC adds cross margining and repo to VaR calculator ahead of UST clearing

Pirum boosts 3rd party collateral optimization with joint Euroclear service

FSB flags resolution and LAC rules for “banks systemic in failure”

NIST consults on transition to post-quantum cryptography standards

Eurex: cleared repo markets adapt to ECB policy shifts

Reuters: bitcoin surge triggers billions in losses for crypto shorts

SIX to acquire Aquis for £207mn in all cash deal

KED: foreign banks resist heavy short selling fines in Korea

ABN Amro executes repo pilot trades with CeBM on DLT

AFME & ICMA: UK FCA bond post-trade transparency policy works for future CT

Commentary round-up: how will a Republican administration affect US regulations?

ICMA: European repo market up 7.1% to a record €11.1trn in June

FT: BlackRock in talks for minority stake in Millennium

FSB: large majority of jurisdictions make progress on climate disclosures

WFE: FTTs can reduce market liquidity and raise hedging costs

AI-assisted researchers lead product innovation with automation of “idea generation” tasks

Caisse des Dépôts issues first digital bond using Euroclear and Banque de France DLTs