Banco Santander, Lloyds Banking Group, and UBS achieved the milestone using a digital representation of central bank funds on the Sterling Fnality Payment System
29 October 2024Netherlands Reporter: Carmella Haswell
The move comes after the European Commission mandated the creation of a single entity to operate a real-time pre and post-trade CT for equities for five years as part of the MiFIR Review
It was found the firm violated Exchange Act 15(c) and Exchange Act Rule 15c3-3(b)(l) when it returned shares to customers and thereby created or increased segregation deficits
The establishment is designed to allow GLEIF to actively engage and directly collaborate with Indian LEI stakeholders and regulators at a localised level
The court of appeals rejected the short seller’s case due to insufficient allegations of securities fraud and market manipulation under the relevant securities laws