News and Notes

ICMA ERCC releases updated SFTR reporting recommendations

State Street Announces First Transaction Under Peer-to-Peer Repo Program

Common Domain Model Integrated into ISDA Create

BPI: Fix Bank Leverage Requirements Now, in Advance of Upcoming Treasury Market Stress

Silver Lake Announces Strategic Investment in Euroclear through Agreement with ICE to Acquire Intercontinental Exchange’s 9.85% Stake

NY Fed’s Logan says first banks can participate in the Standing Repo Facility in early 2022

IHS Markit says global securities finance revenues were up 46% in September 2021, year over year

UK PRA publishes Implementation of Basel standards: Final rules

LCH RepoClear sees record quarter at €62 trillion

Reuters: Quarles steps down as Fed Vice-Chair for Supervision

FT: EU rushes to avert new CSDR buy-in rules

BNPP Securities Services extends triparty to synthetics

State Street expands Direct Access Lending to include US convertible bonds as collateral

FSB publishes final report with policy proposals to enhance money market fund resilience

Eurex repo term business up 11% at €134.3bn in September

IOSCO and CPMI consult on stablecoins and financial market infrastructure

ICMA directories list over 200 post-trade and 20 repo trading solutions

SEC’s Gensler asks for more money for staffing

BrokerTec US repo ADNV up 22% to $242.8bn in September yoy

Tradeweb’s repo ADV up 27.8% YoY to $326.8bn in September 2021

DTCC on advancing central clearing for US Treasury transactions

Pirum and BNY Mellon integrate Triparty Collateral Schedules into CollateralConnect

OCC seclending CCP loan value up 74.5% in September 2021 YoY

DataLend: Securities Lending Revenue Increased 33% YoY in Q3 2021

ION on three goals for repo IT: differentiate, commoditize, and harmonize

Deutsche Börse’s DB1 Ventures leads the Series B funding round in WeMatch

SEC settles charges with Tradition for RegSHO violations

ESMA Q&A updates on SFTR data reporting

ENSafrica: Uganda inches closer to enforceable netting

Basel III monitoring results based on end-December 2020 data

BNY Mellon’s LiquidityDirect Further Expands Suite of Short-End Investment Options, Introduces ESG Analytics

Clarus FT: SACCR Multipliers, Initial Margin and KCCP

ESMA MiFID review shows circuit breakers preferred over short selling bans

ICMA publishes overview of the European commercial paper market and recommendations for future market development

Fed blog: What Quantity of Reserves Is Sufficient?

ICMA report: The first year of SFTR public data on repo

ESMA recommends to European Commission to delay CSDR buy-in rules

ESMA publishes Guidelines on Settlement Fails Reporting under Article 7 of CSDR – Final Report

ESMA consults on the review of the Short Selling Regulation

IHS Markit and Broadridge partner on securities finance data delivery

BoE’s seclending committee notes “significant recent progress” of tokenized collateral

Wematch and Pirum extend CSDR partnership

Fed doubles Reverse Repo Facility counterparty limits to $160 billion

ICMA: market sees opportunities in green repo collateral but greenwashing concerns are widespread

New ISLA standards get legal docs up to speed as tech advances in markets

Deloitte: Compatibility of securities lending and responsible investment strategies

Hazeltree and IHS Markit partner on securities finance data

DTCC’s blockchain settlement platform to launch in Q1 2022

Gensler: SEC to focus on repo clearing, making Principal Trading Firms register as dealers

Recommended from JPM Asset Management: Your Fall 2021 syllabus