News and Notes

BBH: misconceptions surrounding T+1 settlement in US

QSE announces shortened settlement cycle to T+2 in 2024

AIMA warns on US market liquidity as SEC Dealer Rule set to pass

UK FCA publishes final versions of SFTR validation rules and XML schemas

People moves round-up: IAIS, ICE, Morgan Stanley

BoE and FCA publish industry responses to AI and ML regulation

BIS paper on dealer capacity and UST market functionality

Hidden Road launches synthetic prime brokerage

Richard Comotto: what did SFTR tell us about the European repo market in Q3 2023?

S&P Global: US equites are “hero” of secfinance markets in 2023

Clearstreet trading division CenterPoint expands to Canada

BlackRock researchers on reducing LLM hallucinations in extracting financial information

Finos open sources standards for cloud controls

Citi issues €100 million “digital native note” on Euroclear’s DLT platform

Fed warns on leverage and funding risks in stability report

BIS committee endorses LEI for ISO 20022

BBC: warning to retail traders on short selling – “don’t be the dumb money”

Rabobank taps Murex’s MX.3 platform for Brazil back office

BoI activates repo program to supply institutional liquidity

FinCEN proposes regs for virtual currency mixing

ECB warns on material shortcomings in how banks govern and manage CCR

Bank of England working paper: Leverage ratio and risk-taking: theory and practice

US regulators extend comment period on Basel III Endgame, launch data collection for analysis effort

NY Fed adds three counterparties to SRF

LCH RepoClear ends Q3 with record €78 trillion nominal cleared

DTCC to acquire blockchain fintech Securrency

TrustAsia issue first email protocol with embedded LEI

Deutsche Börse completes SimCorp takeover

Eurosystem announces next phase of retail CBDC

Meritsoft launches next-gen tech platform for post-trade automation

Broadridge launches fill matching platform for high volume reconciliations ahead of T+1

SSImple and Delta Capita partner on SSI management

CPMI publishes ISO 20022 data requirements

Basel Committee consults on bank crypto asset exposures

S&P Global: October long/short report shows utilization and short sale value down

Cassini reports 250% boost for collateral optimization amid rising interest rates

AIMA’s Inglis on SEC’s seclending transparency and short selling reporting rules

DSB launches UPI service ahead of compliance dates

Asia Financial: China restricts securities lending in short selling clampdown

Eurex Repo’s Gast on market performance in September

BoE releases systemic risk survey for H2 2023

ISDA: derivatives exposures, regulatory transparency and trade repositories

Evident: majority of banking CEOs staying quiet about AI plans despite performance boost

Absa Africa index shows South Africa and Mauritius in lead and Ghana gaining for master agreement enforceability

BlackRock and Barclays settle collateral on J.P. Morgan’s Onyx platform

ION report examines repo automation trends

FSB highlights NBFI resilience gaps, rising costs of financing and uneven Basel III reform implementation in annual report

ESMA on categorizing smart contracts and DeFi risks

Schroders selects Xceptor to automate core operations and consolidate applications

ICMA’s quarterly provides updates on EMIR 3.0, building repo liquidity and accelerated settlement