The Prudential Regulation Authority has imposed a fine of 拢87 million on Credit Suisse for risk management failures relating to its dealings with Archegos Capital Management, the limited partnership family office that collapsed in March 2021
The UK regulator will extend access to the scheme to a wider range of start-ups and allow data providers to list their data on the platform, extending access to over 200 synthetic, public or anonymised data sets
These recommendations aim to contain the impact of large margin changes on clearing participants and their clients, and to prevent contagion of liquidity stresses to other parts of the financial ecosystem
The Global Principles for Sustainable Securities Lending indicated that RISCMTP-Notes could play a 鈥榩ositive role鈥� in delivering strong sustainability outcomes in securities and collateral transactions
The connectivity created by the two firms aims to increase straight-through processing, enabling counterparties to remit claims on pay date and reduce capital requirements
19 July 2023 Asia Pacific Reporter: Carmella Haswell
The document includes summaries of the Korean Broker annex, Korean Securities Depository (KSD) annex, Malaysia addendum and Taiwan addendum, extending their legal opinions covering use of the GMSLA to 64 jurisdictions