UK’s FCA lays out tokenised fund regulatory framework

CEO Ron O’Hanley credits disciplined execution and client-focused innovation for driving record assets and steady fee growth.
Dirk Loscher, CEO of Clearstream Europe, explains how Clearstream’s rebrand reflects its evolution into a pan-European CSD, with a view to simplifying access for clients, driving harmonisation, and pushing forward digital transformation in capital markets.
The custodian expands asset recovery capabilities across more than 35 markets, including new “opt-in” jurisdictions.
A new study by Broadridge, ISSA and The ValueExchange shows that despite record growth, outdated systems and poor data quality continue to hinder automation across the post-trade ecosystem.
Assets under custody/administration also reach high of $57.8 trillion.
More counterparties are expected to join the DLT-based securities finance network in the coming months.
Executive joins after almost three decades with Citi, spanning senior leadership roles across APAC and Europe.
Expansion builds on UAE launch to cover custody and trading across new markets.
Growth this quarter is driven by higher custody fees and mark-to-market gains amid steady deposit balances.
Custodian also posts twelfth consecutive quarter of securities services revenue growth – extending a streak that began Q4 2022.
Effective immediately, Calastone’s 250 employees will join SS&C Global Investor & Distribution Solutions.
New partnership designed to bolster IFFEd’s financial infrastructure as it scales efforts to expand access to global education finance.
Proposals include requirements for machine-readable allocations and confirmations, and mandatory implementation of hold and release and auto-partial settlement for all CSDs.
The hires include a former JP Morgan executive.
Representatives from the DTCC, Citi and Zodia Custody mull the fragmentation challenges that are still holding back the digital asset space.