News and Notes

AI startup Imandra monitoring 25% of European equities trading

CBA becomes first GLEIF validation agent in Australia

Euroclear expands its services with Eurex Clearing

Register: Authorities dismantle Lockbit ransomware gang

ISLA publishes securities lending guide for KSA

ECB publishes final guide to internal models

Natixis first bank to join ESG standardized data initiative

CIRO proposes amendments for fully paid securities lending and financing arrangements

S&P Global on early warning signals for global default threat

DTCC: Goldman Sachs at 99+% same day affirmation rate ahead of T+1

CPMI-IOSCO publish discussion paper and call for comments on streamlining variation margin in centrally cleared markets

ISLA on what’s coming up for securities lending regulations

Thailand’s KKPS taps Nasdaq for risk platform

GLEIF signs on MNS as second validation agent in India

ECB’s Cipollone says wCBDC could impair central banks’ ability to provide liquidity

South Africa’s JSE Clear to accept government bonds as collateral via pledge

NY Fed’s Remache: Fed balance sheet run-off is smooth, but money market signals being closely watched

Chainalysis: ransomware crypto payments exceed $1bn in 2023

Citi boosts ETF servicing with FIX connectivity ahead of T+1

Eurex to launch first Total Return Futures on MSCI indexes

US SEC adopts Treasury market dealer rule

AIMA’s Inglis pushes back on US SEC’s Dealer Rule

XM: China regulator announces more curbs on short selling

AFME: UK stablecoin proposals positive for DLT but negative for wholesale markets

IIAC: firms face $5mn+ in response costs after cyber attacks

Tokenbridge launches model portfolio for mixed trad/defi assets

AIMA: 2024 could be hedge funds’ breakthrough year for gen AI

Bloomberg: BoC’s Macklem says Canada repo stress caused by bond demand

ECB’s SESFOD shows credit T&Cs defied tightening predictions in Q4

People moves: Ares, BlackRock, CFTC, Eurex, Goldman Sachs, GSR, Hazeltree, J.P. Morgan, State Street

Reuters: Wall Street explores novel ways to repackage bank loan risk

Clearstream: settlement fail rates down 90% yoy in 2023

ESMA reviews cross-border CSD activity: “certain services” including collateral expected to increase

Obligate issues eNote for Asian on-chain asset platform paid out in USDC

DTCC reports 69% affirmation rate on trade date but 90% is goal

EquiLend NGT back online after ransomware attack

FIA Tech sets up joint team with eClerx to catch trade breaks in real-time

ESMA’s Ross says financial system shows “high level resilience” amid elevated interest rates

ESMA steps up AIF monitoring and warns on leverage and liquidity mismatches

Gulf News: UAE makes first CBDC transaction to China using mBridge

WFE identifies governance of “entire financial ecosystem” in 2024 priorities

FS-ISAC: “limited impact” from EquiLend cyber attack, market goes manual where needed

ICMA publishes 2023-year end analysis for European repo market

Mosaic: 2/3 of investment banks struggle with data quality and integrity

Nu Quantum and CISCO to create prototype quantum rack for data centers

Business Times: CSRC suspends securities lending for locked-up stock

Banking & Finance Post: quantum computing-as-a-service with focus on finance

Fed and BoE outline wholesale CBDC progress

OCC taps Vermiculus microservice-based tech for new platform

Baton Systems: BoE’s ambitious wholesale payments plan puts RTGS at “beating heart” of UK financial system