FinClear的动态

Great observations from The Hon Dr Jim Chalmers MP and The Hon Stephen Jones MP on our licensing: ? “A new provider of clearing and settlement services has emerged… Clearing and settlement services are critical to the functioning and stability of financial markets and our changes made it possible for more providers to emerge. ? The legislation?which passed late last year?created a framework for fair, transparent and non?discriminatory access to market infrastructure for competitors, allowing them to offer their own clearing and settlement services, and that’s what’s happening.”

The UK’s Debate about When to Move to T+1 When will the UK and Europe move their securities settlement to one day, or T+1, like in the States? In this article, Virginie O'Shea O’Shea, CEO and Founder of Firebrand Research, describes the discussion at a meeting she attended on this very topic. Here, Ms. O'Shea provides answers along with some interesting color.?#equitytrading #financialregulation #t1 #settlementcycle https://lnkd.in/dtRvkC4N

UK capital markets reform is forging ahead at full throttle! The FCA has published?its policy statement PS24/6, including the final form of the new UK Listing Rules that will replace the current listing rules with effect from 29 July 2024. This blog by my colleagues highlights key areas in which the FCA has made changes from the draft UKLR published in March 2024. In the coming weeks we will publish a series of blogs exploring the impact of the new UKLR on existing and prospective issuers of shares and debt securities - stay tuned for more detailed analysis! Richard Ho Tom Godwin Julian Makin Chris Mort Peter Allen Duncan Kellaway Jennifer McCarthy #UKCapitalMarketsReform #UKListingRules #CapitalMarkets

ISITC EUROPE CIC has long been concerned about the cost impacts of T+1 and impacts on Treasury, collateral, FX operational risks market resilience and whether investors will be disadvantaged, International investors in particular are taking the brunt of T+1 cost impacts. In truth we are unlikely to ever know the true costs as they ae not centrally captured and firms do not give up this information. Anecdotally wee are hearing about rising costs and increases in operational cost overheads. We took part in this discussion with PLANIXS GRP LIMITED with the article link below. https://lnkd.in/dY_wzXWj

ISITC EUROPE CIC urges firms to undertake a cost analysis of T+1 impacts in preparation of accelerated settlements It's not just the settlement performance but costs hits from different quarters you need to know

The UK and EU are considering the case for mandating a shorter securities settlement cycle, and watching closely as North American markets transition to T+1 at the end of May. Recently published reports by the UK Accelerated Settlement Taskforce and ESMA strike noticeably different tones, however. While the UK report makes clear that the move to T+1 will happen, ESMA's report is less unequivocal and highlights the risks of not organising the transition effectively. The reports agree that moving to T+1 will have significant operational impacts for market participants who will need time to prepare for the changes, allocate budgets, and establish appropriate governance and oversight processes. Given the pace and scale of other regulatory change agendas already in progress, it is crucial for firms to plan ahead and consider the cumulative impact of these reforms. https://lnkd.in/eYvH4MRC https://lnkd.in/eSzdUP_3 Conor Macmanus Roger Braybrooks

ISITC EUROPE CIC supporting Innovation in capital markets It's only a question of how and when the market structures changed to a DLT based blockchain technology structure and digital assets become the primary source of capital raising for Issuers Sweden recently provided a working model for this The impossible T+1 settlment using IT systems operating batch across time zones highlights the benefits of a DLT based solution ISITC EUROPE will be presenting evidence throughout the coming years to its members of DLT as a solution and how firms can migrate or prepare for this major shift in how settlement will be in the future join us and become the future

Increased electronification of the trading lifecycle over the last decade has promised greater efficiencies. The impending move to T+1 settlement in May is certainly proving a hot topic, with industry thought leaders discussing the market readiness and potential impacts of this significant change. One such discussion took place at the EMEA Trading Conference earlier this month organised by the FIX Trading Community. Read a summary of the panel featuring Luke Colairo (BennBridge UK), Adam Conn (Baillie Gifford), Andrew Douglas (UK Accelerated Settlement Taskforce),?Emma Johnson (J.P. Morgan), and Jeffrey Mooney (U.S. Securities and Exchange Commission), moderated by Ayesha Ghafoor (UK Finance) published on The TRADE News. #electronictrading #trading #traders #FIX #capitalmarkets #financialservices #tradingnews #tradinginsights

Faculty Group's latest article features Nick Cowan's comprehensive analysis of the future of financial markets. In it, Nick discusses the potential of The Bridge DFMI for achieving instant settlement and enhancing market efficiencies. This piece is essential for professionals seeking to understand the next evolution in financial infrastructure. ??Read the full article here:?https://lnkd.in/gScja2-Y

Exciting developments in the UK financial markets! The Financial Conduct Authority (FCA) has unveiled a set of proposals to enhance accessibility, effectiveness, and competitiveness. Key changes include the redesign of the UK listing regime (CP23/31), introducing a 'commercial companies' category, and reshaping equity, bond, and derivatives markets. CP23/32 focuses on transparency in bond and derivatives markets, while CP23/33 aims to facilitate data provision and market oversight. Surety can support your implementation project for these proposals by identifying control and compliance gaps, ensuring an effective control environment. Enhance efficiency, demonstrate compliance, and stay globally competitive. Reach out to see how Surety can assist. #regulation #fcaproposals #compliance #surety