The Asset Managers Forum (AMF) of the Bond Market Association has released an exposure draft of recommended best practices for processing corporate actions. One recommendation is that custodians use at least two sources for corporate actions information and cross-check them for accuracy. The comment period for the draft ends on November 30.
The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...
By Gus Sekhon, head of product, FINBOURNE Technology. The City loves nothing more than a takeover tale as old as time. A US$2.5tn US asset management behemoth snapping up one of London’s most historic investment houses for £10bn sounds like a story of global ambition and deep pockets. The Schroders brand stays, the headquarters remains...
Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
Corporate actions has been a popular topic of discussion over the last few months, with the DTCC’s plans for XBRL and ISO interoperability, as well as the launch of Swift’s new self-testing service for corporate actions messaging, STaQS, among others. However, it has not been a good start to the year for many of the...
