Category: Clearing & Settlement

Are African Markets large enough and Instruments mature enough to sustain CCPs?

Hugh Simpson and John Falk have written an article for the Capital Markets in Africa magazine on whether African markets are large enough and instruments mature enough to sustain CCPs?. Read the article in the magazine here Or download a

Posted in Capital Markets, CCP, Clearing & Settlement Tagged with: ,

Is a CCP right for your market?

The increasing focus on the use of Central Counterparties (CCPs) to manage risk in financial markets has led many markets to ask themselves whether they need a CCP. Is it a more appropriate way to manage risks than the mechanisms

Posted in CCP, Clearing & Settlement, Clearing & Settlement Systems, Information Technology, Rules & Regulation, Uncategorised

European Commission acts on Bourse Consult Report

The European Commission has now acted to extend the transitional relief for EU pension funds, a decision informed by the report commissioned by the EC from Bourse Consult and Europe Economics (see posting of 4 February), which assessed the potential

Posted in CCP, Clearing & Settlement, Rules & Regulation Tagged with: , , ,

EU pension scheme report

On 3 February 2015, the European Commission adopted a report in accordance with Article 85(2) of EMIR, assessing the progress and effort made by CCPs in developing technical solutions for the transfer by Pension Scheme Arrangements (PSAs) of non-cash collateral

Posted in CCP, Rules & Regulation, Uncategorised Tagged with: ,

Where next for settlement cycles?

There was an interesting discussion at the Global Custody Forum yesterday, where I chaired a panel session on settlement cycles. While the migration to T+2 in Europe has gone extremely smoothly, there is now a difference between settlement periods in

Posted in Clearing & Settlement, CSD, Operations & Operational Efficiency Tagged with: , , ,