MonetaGo’s Post

On today, 20 June: Global Trade Review (GTR) UK London. MonetaGo COO, Oswald Kuyler, will be in attendance alongside industry leaders and experts from UK Finance, ICC United Kingdom, Conpend, Swift, Allianz Trade and J.P. Morgan. See more about the event via the link in comments, and contact us to arrange to meet to learn more about the Secure Financing fraud system, or the latest news and innovation from MonetaGo. #globaltrade #tradefinance #creditinsurance #fraudprevention

My article for The Banker from AFME (Association for Financial Markets in Europe) conference that took place earlier this week looks at how Europe risks being left behind the US when it comes to the T 1 settlement trading cycle. #trading #settlementcyle #Europe #US

#SessionHighlight: 10 markets, restricted currencies, foreign ownership limits, short selling quotas, rates caps, multiple share classes, securities borrowing restrictions and many more idiosyncratic challenges.    On the third day of the PASLA/RMA Conference on Asian Securities Lending, we will be joined by expert panelists from Macquarie Group, BNP Paribas and Citibank at the panel, “Market Access: How to Navigate the Complexities of Asian Securities Finance.”   Led by S&P Global Market Intelligence, our panellists will unpack the web of securities finance in APAC’s diverse markets, and use Taiwan and Korea as case studies to understand the complexities of short-sell bans and SBL restrictions. We will also dive into the use of synthetic access in markets like China, illustrating the comparisons and distinctions between different access mediums.   View the full agenda, and register here: https://lnkd.in/gxANGQaQ   Karen King, Matt S., Adrian Wu, CFA, Benoit Uhlen   #AsiaSecuritiesFinance #SecuritiesFinance #SecuritiesLending #PASLA

The Frankfurt Competence Centre for German and Global Regulation (FCCR) recently hosted a thought-provoking conference that delved into the future of financial markets Industry leaders, academics, and experts gathered to address key questions such as the necessity for further regulation in Silicon Valley Bank, Credit Suisse & Co., the evolving landscape of digital currencies/banking and the readiness of our capital markets to fuel the green transition. Our esteemed panelists shared insights on striking the right balance in regulation and navigating challenges.

📢 Exciting Update: The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) are joining forces to align with global standards! 🌏✨   Dive into our latest insight where we explore the collaborative efforts of HKMA and SFC in modernising regulatory frameworks to enhance financial stability and integrity in Hong Kong. Discover how these changes will impact the financial landscape and what it means for industry stakeholders.   🔗 Read in full here: https://lnkd.in/eWVFaK4c   #Finance #HKMA #SFC #GlobalStandards #FinancialStability #RegulatoryReform #FirstDerivative

Hong Kong’s Securities and Futures Commission (the SFC) and Hong Kong Monetary Authority (the HKMA) have published a Joint Circular setting out a new streamlined approach that licensed intermediaries can adopt in complying with the suitability obligations when dealing with sophisticated professional investors with high levels of net worth and knowledge or experience. For more information, please follow the link: https://rb.gy/c4odm ! #HKMA #SFC #newsletter

Today, Swiss Federal Councillor Karin Keller-Sutter and the UK Chancellor of the Exchequer, Jeremy Hunt, signed the Mutual Recognition Agreement (#MRA) in Financial Servics, the so-called Berne Financial Services Agreement. The agreement covers the recognition of equivalence in the areas of #banking, #investment services, #insurance, #assetmanagement and financial market infrastructures (FMIs) for sophisticated clients. With respect to #FMI, the Berne Financial Services Agreement recognises the #equivalence of the relevant framework for central counterparties and confirms the existing framework with regard to trading venues. In a broader perspective it is a landmark event that two major financial centers have been able to agree on outcomes-based mutual recognition rather than rigid, line-by-line comparisons of supervisory regimes. This hopefully sets a new #benchmark for cross-border #marketaccess regimes. Jos Dijsselhof explains why this new type of agreements is of a completely new quality: “As an international operator of securities trading infrastructure, SIX supports regulated, open cross-border trading. Compared with unilateral recognition of equivalence, the agreement creates much greater legal certainty by providing a firm bilateral basis for mutual market access and thus making it easier to put business and strategic decisions into practice. This increased planning security benefits all market participants.” I'm thrilled and humbled that I was able to witness and accompany the development of such a new type of agreement. Congratulations to the negotiators on both sides! https://lnkd.in/e-Yh5Q4a Mario Ramo Urs Leimbacher Angel Serna Roberto Battegay Roman Studer Silvan Lipp Adrian Schatzmann Simon Pabst Ian Cornwall, Chart.MCSI Marco Estermann Laura Bayley James Sullivan Swiss Banking - Schweizerische Bankiervereinigung economiesuisse Asset Management Association Switzerland Staatssekretariat für internationale Finanzfragen SIF

Dr. Apostolos Thomadakis, head of research at the European Capital Markets Institute, speaks exclusively to Best Execution on the tension between the EU and its member states when it comes to #derivatives clearing – why he does not believe the revised regulation will fulfil the regulator’s ambitions, and why a centralised #supervisory authority is urgently needed to reduce risk and encourage cross-border transactions.  #markets #regulation #posttrade #trading #finreg CEPS (Centre for European Policy Studies)

Dear Heads of XYZ in the European capital markets departments, We know, there was a lot of excitement about Brexit at the time. Allegedly, millions had to be spent to relocate trading capacities from London to Paris, Frankfurt and other European cities. And yet you are not able to provide liquid and deep markets for all continental European paper on a bank holiday in London? Four years after Brexit, are we really still dependent on the UK bank holidays on the continent? #brexit #banking #capitalmarkets #bonds #trading