30 Mar 2023
Introduction We bid farewell to 2022 with a Christmas present from the Chancellor where he announced and reinforced a spate of new and on-going initiatives for the financial services sector. Continuing with the momentum, the first quarter of the 2023 has been buzzing with regulatory updates around Conduct, Digital Payments, Re-alignment of EU re...
22 Dec 2022
In his Autumn Statement, Jeremy Hunt, the Chancellor of the Exchequer, set out a bold collection of reforms for the Financial Services sector – some new and some already in the making – paving the way for growth and a busy start to 2023! In our view, the reforms can be grouped into three aims; (1) Creating a regulatory framework that is more suite...
12 Oct 2022
The journey of US Settlements has progressed significantly over the last couple of decades - from T+3 in 2008, to T+2 in 2017. It has received a further thrust with recent recommendation of the Depository Trust & Clearing Corporation (DTCC) for moving to T+1, by H1 2024. This is a logical continuation of accelerating settlements as...