LCH notes that full implementation of the settlement discipline regime is “widely expected to occur once modifications to the TARGET2-Securities settlement system run by the European Central Bank are tested and complete”
The Eurex Exchange Council has re-elected HSBC Germany's CEO as chair, while also re-electing Lutz Johanning, WHU – Otto Beisheim School of Management, as deputy chair
Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR’s settlement regime to avoid a liquidity crisis in Septemeber
ISLA has appointed State Street’s Jamila Jeffcoate to the newly created roles of head of finance and administration, in the first of several "key hires” expected this year