Authorised intermediaries can now enter into securities borrowing and lending agreements with clearing members in India, following market calls for the change...
The Federal Reserve Bank of New York’s Reverse Repo Facility could encourage further development of the shadow banking system, according to president and CEO William Dudley...
A number of operators of European securities markets have announced that they will implement the migration to T+1 from T+2 for repo transactions and to T+2 from T+3 for cash transactions...
In a February 2014 letter, SEC staff granted relief requested by Nuveen Advisors for its lending agent, U.S. Bank National Association, to negotiate rebate rates...
ICMA’s European Repo Council has called for regulators to consider the impact of financial regulation on the movement of collateral, highlighting the potential systemic risks of inhibiting collateral fluidity...
ICMA’s European Repo Council (ERC) has launched its updated guide to best practice in the European repo market, which gives practical guidelines for traders and legislators alike...
24 February 2014Washington DC Reporter: Mark Dugdale
Credit Suisse has agreed to pay $196 million after admitting that it broke US securities laws when it provided cross-border brokerage and investment advisory services without registering with the Íø±¬³Ô¹Ï and Exchange Commission...
ESMA’s proposal to ease up on certain collateral diversification rules contained in its guidelines for ETFs and other UCITS has been met with open arms by the International Íø±¬³Ô¹Ï Lending Association...
The EU court’s decision to reject Britain’s appeal over short selling is skeletal and in parts opaque, but there is no avenue of appeal, said lawyers from Mayer Brown...
23 January 2014 Brussels Reporter: Georgina Lavers
The UK government’s efforts to curb the power of EU financial watchdogs were in vain, after it was ruled that Brussels has the power to ban short selling...
22 January 2014Luxembourg Reporter: Georgina Lavers
Bilateral business is attracting repo participants because central counterparty (CCP) haircut policies are too onerous, said a panel of experts at the 18th Global Íø±¬³Ô¹Ï Finance Summit in Luxembourg...