News and Notes

Citi taps Fenergo’s platform to digitize transfer agency services

DSB announces shake-up for fees and user types

The Deep Dive: Canada’s OSC to shut out short sellers from financings

Validus’ CIO on duration risk as US treasury hits “2025 maturity wall”

ESMA repo cyber simulation shows €35bn impact on liquidity

Bloomberg: BNP Paribas, UBS, Barclays bet big on prime brokerage

ECB advances digital euro prep towards potential issuance

Northern Trust and Swift join Australia central bank’s tokenization project

ECB finalizes guide on outsourcing cloud services

Euroclear to connect all 27 EU markets in all financial asset classes

Dallas Fed paper: intermediation capacity more important to basis trade stability than repo rate changes

LSEG survey shows 87% of firms increasing cloud investments

UK regulator consults on Basel 3.1 with FRTB delayed to 2028

New Fed analysis sizes US repo market at $12 trillion across all market segments

Tokenized MMF and gilt collateral used in Lloyd-Aberdeen pilot for FX trades

Federal Reserve consults on revising large bank supervisory ratings

BNP Paribas taps Euroclear’s collateral tool for triparty interoperability

CBA, J.P. Morgan and HQLA^x picked for Australia central bank repo project

BNY Securities Finance expands agency lending to Saudi

SRTs in Basel Committee crosshairs for NBFI risks

SIX and Pictet pilot fractionalized tokenzation of corporate bonds

Eurex and Clearstream make moves for direct CCP access to central bank liquidity

Protos: stablecoin issuer Circle under fire for hacking inaction

FSB publishes final policy recommendations on NBFI leverage risks

ICMA: T+1 – SFTs and optimizing settlement

Why financial crises recur and the paradox of short-term debt – repo, MMFs and now stablecoins

Waters Technology: genAI viewed as too risky for collateral processes

ICMA releases Q3 report spotlighting European competitiveness

Euronext details multi-year, pan-European repo strategy

Bloomberg: US Treasury to issue $450bn after debt ceiling lifted

HKMA approves Northbound Bond Connect repo collateral rehypothecation for end-August

OSTTRA waits on US regulators after EU and UK clearing exemptions

BlackRock announces $190bn financing unit for private-public markets convergence

Dow Jones: banks tap Fed’s SRF for $11bn at end-June

Euroclear connects to ECMS and sets sights on CeBM settlement

Bangkok Post: short selling ban “probably” not on the table amid Thailand market rout

Eurex Clearing delivers margin collateral on DLT designed with HQLA^X, Clearstream

ADX to list DLT bond with HSBC’s Orion and tapping TradFi settlement

EBA: repos among fastest growing liabilities in EU banks’ funding plans

Spencer West: Celsius vs. Tether ruling marks pivotal moment in US for offshore crypto

ESRB calls for stablecoin scrutiny, flags NBFI risk analysis

ESMA picks fintech Ediphy as fixed income consolidate tape provider

J.P. Morgan pilots USD deposit token as stablecoin alternative

Santander to acquire TSB for £2.65bn in all cash deal

Türkiye regulator extends short selling ban to end-August

ESMA publishes roadmap and governance structure for Europe T+1

OFR paper: The Impact of CCP Liquidity Demands on Clearing Members Under Stress

Euronext confirms potential €399mn share deal offer for Greek bourse

ECB to pilot DLT settlement for central bank money with “dual-track” strategy

ECB’s Montagner: banks must adapt collateral operations as liquidity buffers change