The Bank of Canada is changing the terms of its securities repo operations to to increase the availability of its holdings of Government of Canada securities
鈥淎lready concerns have been raised around how these can be adopted and whether they should be the solution for EMIR standardisation,鈥 explains Capco鈥檚 Stephen McPherson
With the combined lendable assets of its members now north of $6 trillion, the buy-side association aims to use its clout to affect positive change for the more than 5 million underlying pensioners and public sector workers it represents globally
As of December, the German private bank has paid 鈧155 million to tax authorities but is putting its former service providers on notice that it does not plan to eat the loses alone
ISDA has made its master agreement digitally available on ISDA鈥檚 Create platform, as part of the rollout, the ISDA clause library is also being added to the platform
The US broker-dealer aims to leverage its capital base and balance sheet to become a niche player in the hard-to-borrow space and provide multiple solutions regarding the financing of securities and collateral
Based in Hong Kong, Lawrence Au is an independent consultant and offers consulting services on securities services, custody, fund administration, pension funds and fiduciary services
BNY Mellon reported a decrease in securities lending revenue for last quarter of 2020 but saw a modest YoY growth in its full-year earnings from its agency lending business
A Rahman Ravelli legal team attempted to apply a habeas corpus defence to their client who is facing charges of cum-ex tax fraud in Germany, but argument was ruled invalid