A new U.K. Market Implementation Group (UKMIG) is aiming to harmonise U.K. national rules and practices relating to corporate actions processing, including distributions, shareholder rights and company reorganisations. The group, jointly chaired by the British Bankers’ Association (BBA) and CrestCo, is aiming to implement measures to remove Barrier 3, as set by the 2003 report from the Giovannini Group. The U.K.’s Department of Trade and Industry, Financial Services Authority (FSA) and the Bank of England have each been invited to nominate a representative in an observer capacity.
A-Team Insight Blogs
Working Group Aims for U.K. Compliance with Corporate Actions Standards
Date: 21 September 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Market surveillance is crucial, and in many cases a regulatory requirement, to ensuring orderly securities markets and sustaining confidence in trading. It can be breached and has become increasingly complex in the wake of the Covid pandemic, Brexit, and...
The Derivatives Service Bureau (DSB) has published the timeline for its 2021 industry consultation on 2022 OTC ISIN and CFI service provision. Core themes focus on providing updates for service enhancements sought last year, as well as risk analysis relating to the DSB’s cybersecurity and cloud resilience. The OTC ISIN and CFI consultation will operate...
This briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...