ISLA鈥檚 Adrian Dale joins ESMA鈥檚 post trade group 05 May 2021UK Reporter: Alex Pugh
Image: stock.adobe.com/Adrian Dale
ISLA鈥檚 Adrian Dale has joined the European Securities and Markets Authority鈥檚 (ESMA) consultative working group for the Post-Trading Standing Committee (PTSC).
Dale heads up the International Securities Lending Association鈥檚 regulation and market practice and will now additionally work with other PTSC members such as BNY Mellon鈥檚 James Cunningham, Clearstream鈥檚 Anne-Pascale Malr茅chauff茅 and Citibank鈥檚 Marcello Topa, among others.
The PTSC is chaired by Carmine Di Noia of CONSOB 鈥� the Italian securities regulator 鈥� and its work relates to post-trading market infrastructures and post-trading processes or operations, such as the clearing and settlement of transactions in financial instruments.
The standing committee is also concerned with developing technical standards and preparing guidelines and recommendations relating to EU securities finance regulations that relate to post trade, such as the Securities Financing Transaction Regulation.
All standing committees are established on a permanent basis and draw together senior experts from national competent authorities, preparing the technical work on all areas of ESMA鈥檚 activities and preparing advice for the European Commission.
All standing committees also have consultative working groups made up of external stakeholder representatives.
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Image: stock.adobe.com/Adrian Dale 