CSDRSS

LA Ledger group calls for more participants

Blockchain

The Liquidity Alliance group of central securities depositories (CSDs) has called for further participants in their distributed ledger technology (DLT)-based LA Ledger prototype for cross-border mobilisation of security collateral.

Russia’s CSD develops blockchain platform with Waves

Time for blockchain news!

National Settlement Depository (NSD), Russia’s central securities depository (CSD), and Waves, a decentralised platform for launching crowdfunding campaigns and issuing digital assets, have embarked on a blockchain project.

2017: South Africa – blockchain fizzle or sizzle?

Tanya Knowles, Fractal Solutions

While the maturity of blockchain discussions and advances are at different stages of development around the world, blockchain is said to be at the height of the Gartner hype cycle. This implies that 2017 will be the year where disillusionment with the technology begins. However, 2017 may also see some real breakthroughs with its application and the emergence of pockets of the first concrete results.

Clearstream migrates to Target2-Securities; nearly doubles T2S settlement volume

European Commission

Clearstream Banking Frankfurt and LuxCSD have migrated to the European Central Bank’s (ECB) Target2-Securities (T2S) platform. “The first business day is already in process and runs smoothly,” Clearstream states.

CSD consortium focuses on fintech for emerging markets

Russia's NSD and South Africa's Strate team up

A central securities depositories (CSDs) consortium has been founded to help emerging market CSDs investigate and take advantage of new technologies such as blockchain. Led by Russia’s CSD, National Settlement Depository (NSD) and South Africa’s Strate, the consortium will initially focus on working with CSDs in Africa, the Middle East and Eurasia.

Clearing and settlement: a moving target

Sibos 2016 - clearing and settlement

Momentum is building behind the T2S securities settlement system as it gains critical mass. While expected benefits and outcomes have not fully materialised, the unexpected benefits have captured the imagination of the post-trade industry.

Argentina’s CSD Caja de Valores joins Swift’s network

New addition to Swift's network

Caja de Valores, Argentina’s central securities depository (CSD), is now fully operational directly on the Swift network. All its international transactions are now executed via Swift.

Italy live on T2S (at last)

Italy is now live on T2S

Target2-Securities, the European Central Bank project to harmonise Europe’s post trade infrastructure, has finally gone live in Italy – three months after Italy’s last-minute decision to drop out of the first wave earlier this summer.

Europe’s CSDs are facing a regulatory squeeze warns Nasdaq

Bergström: CSDs will need to adapt their business models

European banks and CSDs will be forced to change their business models under relentless pressure from Basel III, CSDR and T2S. That may involve consolidating services, as well as considering opportunities for collaboration, according to Henri Bergström, head of global post trade solutions at Nasdaq.

ESMA looks for guidance on CSD technical standards

The European Commission's EMIR legislation has passed without a major hitch

European securities regulator ESMA has published a discussion paper asking for public feedback on the technical standards that should be used for CSDs, including registration, settlement discipline, confirmation rules, acceptance or rejection of terms, as well as access to CSDs by other CSDs and market participants.

@banking
techno