News and Notes

Capitolis Registers a Security-Based Swap Dealer (SBSD)

S&P Global: 2022 securities finance revenues hit $12.5bn

Pension Age: Collateral sufficiency to be a ‘key priority’ for DB schemes in 2023

US OFR proposes rule for repo data collection

Tradeweb’s repo ADV up 21% yoy to $379bn in December

Skrine: Malaysia central bank issues revised guidelines for SBL of RENTAS securities

OCC stock loan transactions up 24.9% yoy in 2022 at 2.3mn, ADLV flat

DataLend: seclending revenue up 6.6% at $9.9bn in 2022

Eurex Repo volumes up 68% to €179.4bn in December

OFR: hedge fund activities can influence UST yield curve

Boston Fed and MIT complete feasibility study for CBDC, augment open-source codebase

Fed’s Q4 SCOOS shows 1/2 of dealers see tightening of funding terms for HY corporate and non-agency RMBS

BoE MMC committee gives mixed review on repo and seclending fail progress

EC to build repo facility by early 2024 to boost “unified” EU-Bond funding approach

EU Council moves forward on CSDR revisions

US regulators find shortcomings in BNPP resolution plan for repo

FSB reports NBFI sector up 8.9% at $239.3 trillion in 2021

LSEG to acquire Acadia

BIS research recommends forcing interoperability for big tech regulation

Ukraine central bank implementing “Power Banking” project

Eurex Repo’s Gast breaks down November volumes, reports spot open LCR30d traded for first time

FB: ChatGPT interview shows future of AI in banking is “scary-good”

ECB extends liquidity lines with non-euro area central banks until 15 January 2024

ESMA finalizes guidelines for operating DLT infrastructure under EU’s Pilot regime

Rabobank executes 19 real-time Euro Commercial Paper transactions on blockchain

S&P’s Chessum in Pensions and Investments: ETPs more popular for securities lending and collateral

Bank of England to focus on non-bank financial intermediaries and LDI risk management

UK “Edinburgh Reforms” target wholesale markets

Lloyds invests in Etrading, eyeing consolidated tape infrastructure

Tradeweb to integrate credit trading and data into BlackRock’s Aladdin

UK’s finance ministry consults on short selling regulation

NY Fed adds Charles Schwab banks as SRF counterparties

BIS: role of non-bank financial institutions in cross-border spillovers

BCBS clarifies how climate-related financial risks may be captured in the existing Basel Framework

KfW first digital issuer via Clearstream’s D7

Ukraine central bank reports that international reserves exceed pre-war volumes at $28bn

DTCC survey shows geopolitics, inflation and cyber as top 2023 risks, funding liquidity concerns rise

BNY Mellon to integrate Baton’s collateral product into platform

BIS warns on dollar debt in FX swaps and forwards: “huge, missing and growing”

Barbados CSD becomes 100th ANNA member, DRC central bank and India’s IFSC confirmed partners

Acadia launches data analytics tools for reporting

BrokerTec US repo ADV up 13% at $292bn yoy in November

DataLend: seclending revenue up 3% yoy at $811mn in November

OFR publishes findings on US non-cleared bilateral repo margin practices

Tradeweb’s repo ADV up 7.8% at $395.6bn yoy in November

CME launches Italy and Germany benchmarked RFR futures

Eurex Repo volumes up 27% yoy at €243.8bn in November

Barclays unveils NLP tool to monitor ECB comms

Fnality, HQLA^X and major banks execute first cross-chain repo swap pilot

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