Mark Davies, General Manager of Avox, a wholly owned subsidiary of DTCC, discusses the long-term considerations firms must make in managing their legal entity data to meet AIFMD reporting requirements.
Global regulators need to standardise the mechanisms by which financial institutions exchange tax information on their clients amid concern the number of tax information exchange agreements between various countries is spiraling out of control.
The European Commission has said the financial industry - as opposed to regulatory bodies – is better placed to reach an agreement over which counterparty develops the Unique Trade Identifiers (UTI), the alphanumerical code designed to enable trad
Asset owners are increasingly taking a holistic approach to their collateral management processes as a result of their growing retreat from securities lending coupled with the migration of over-the-counter (OTC) derivatives instruments into centra
The Fixed Income Clearing Corporation (FICC) is seeking regulatory approval from the Securities and Exchange Commission (SEC) and Federal Reserve to provide centralised clearing for the $1.6 trillion institutional tri-party repo market.
The so-called collateral shortfall is unlikely to be as severe as some market participants initially believed although obtaining high-grade eligible collateral to post as initial and variation margin to central counterparty clearing houses (CCPs)