News and Notes

NY Fed details SOFR modifications for DvP repo

BoE’s Mills flags secured lending as tokenization efficiency play

DNB greenlights Cboe Clear Europe for SFT clearing with BNY, J.P. Morgan and Pirum roles

AIMA to EC: “no justification for macroprudential regulation of funds”

US SEC approves FICC’s rule filings on seg accounts and margining/access models

ESMA pushes stress tests and MMF reform for NBFI oversight

ECB’s Tuominen flags early warning indicators from SFTs for NBFI risk

IOSCO consults on pre-hedging practices, including for RFQs

Industry commentary on BoE/UK FCA AI survey on AI adoption

People moves: AnalytixInsight, Apollo, Cantor Fitzgerald, Euroclear, FDIC, Federal Reserve, FDIC, Liquidnet, NY Fed, SASLA, US SEC, WFE

CFTC committee advances tokenized non-cash collateral for margin

SEC Chair Gensler to Depart Agency on January 20

AIMA: US court vacates Dealer Rule on regulatory overeach

Bloomberg: SRF unable to contain repo turmoil, Barclays says

SNB: monetary policy on DLT possible but “raises questions”

ISDA: APAC perspectives on buy-side derivatives use

FT: BofA targets regional banks to expand risk transfer market

China AMC goes live with NeoXam’s data 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

Nasdaq LatAm survey shows markets need an operations overhaul

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