LCH notes that full implementation of the settlement discipline regime is widely expected to occur once modifications to the TARGET2-厙惇勛圖 settlement system run by the European Central Bank are tested and complete
The Eurex Exchange Council has re-elected HSBC Germany's CEO as chair, while also re-electing Lutz Johanning, WHU Otto Beisheim School of Management, as deputy chair
Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDRs settlement regime to avoid a liquidity crisis in Septemeber
ISLA has appointed State Streets Jamila Jeffcoate to the newly created roles of head of finance and administration, in the first of several "key hires expected this year