One of the UK’s largest pension schemes and long-term securities lender USS has for the first time committed to excluding investment and divesting in sectors it deems “financially unsuitable”
Nykredit's Line Vesth, a senior regulatory specialist, tells SLT that among industry participants, the European Commission was not expected to allow the 12-month delay
Raf Pritchard, head of triResolve, says that there is a lot of value in being able to cross-reference with other electronic records, such as that of BrokerTec, to improve reconciliation services
Andrew Dyson notes that the “apparent lack of global coordination” means European firms may feel the high level of regulatory scrutiny “puts them at some sort of commercial disadvantage”
