News Centre

Fourth Annual “DLT In The Real World” ISSA Study Highlights Growing Maturity Of DLT Usage: As Usage Increases By 7% In 2023

Date 19/09/2023

Since 2020, the annual the ISSA (International Securities Services Association) survey “DLT in the Real World” has been providing unique, market-wide perspectives on the DLT and digital asset realisation journey.

ISDA Digital Regulatory Reporting (DRR) License

Date 19/09/2023

The ISDA Digital Regulatory Reporting (DRR) License is provided below. This ISDA DRR license is applicable regardless of:

KraneShares Launches Global Luxury ETF Benchmarked To Solactive Global Luxury Selected USD Index

Date 19/09/2023

The worldwide luxury goods market has recorded a total revenue of $354.8 billion in 2023, with a projected annual growth of 3.4% by 2028. To cater to the growing demand from investors seeking to capitalize on this flourishing sector, KraneShares has launched the KraneShares Global Luxury Index ETF, tracking the Solactive Global Luxury Select USD Index.

SEC Charges New York Firm Concord Management And Owner With Acting As Unregistered Investment Advisers To Billionaire Former Russian Official - Firm And Owner’s Failures To Register Prevented Oversight Of More Than $7 Billion In Assets

Date 19/09/2023

The Securities and Exchange Commission today announced charges against Concord Management LLC of Tarrytown, New York, and its owner and principal, Michael Matlin, for operating as unregistered investment advisers to their only client—a wealthy former Russian official widely regarded as having political connections to the Russian Federation.

CFTC Commissioner Goldsmith Romero To Participate In A Fireside Chat At ISDA’s Derivatives Trading Forum In Hong Kong And Tokyo

Date 19/09/2023

Remarks Before The Small Business Capital Formation Advisory Committee, SEC Chair Gary Gensler, Washington D.C., Sept. 19, 2023

Date 19/09/2023

Good morning. I’m pleased to speak with the Small Business Capital Formation Advisory Committee. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff.

SEC Investor Advisory Committee To Discuss Exempt Offerings And Accredited Investors At September 21 Meeting

Date 19/09/2023

The Securities and Exchange Commission’s Investor Advisory Committee will hold a public, in-person, meeting on September 21 at 10 a.m. ET at the SEC Headquarters in Washington, D.C. The meeting will also be webcast on the SEC website.

350 Investment Managers Now Leveraging CTM’s Automated Affirmation Capabilities - DTCC Launches A T+1 Scorecard To Assist CTM Clients In Assessing Their Operational Efficiency In Preparation For Accelerated Settlement - Plans To Unveil New Trade Archival Capabilities Early Next Year To Assist CTM Clients With U.S. Reporting Obligations

Date 19/09/2023

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced today that 350 Investment Managers are now leveraging CTM’s automated trade affirmation capabilities to accelerate the post-trade lifecycle, as firms prepare for the U.S. move to T+1 trade settlement. The number of buy-side firms who also leverage CTM’s Match to Instruct (M2i) workflow with a broker/dealer counterpart has increased by 91% since the start of 2023, with those clients achieving a near 100% same-day affirmation (SDA) rate by 9PM on trade date. The use of M2i is optimal in achieving SDA which is critical to meeting U.S. T+1 settlement timelines. CTM is offered as part of DTCC’s Institutional Trade Processing (ITP) suite of services.

Excerpts From US Secretary Of The Treasury Janet L. Yellen’s Remarks In New York, New York On US Treasury’s Principles For Net-Zero Financing & Investment

Date 19/09/2023

On Tuesday, September 19, Secretary of the Treasury Janet L. Yellen will deliver remarks in New York at the Bloomberg Transition Finance Action Forum to announce the release of the Treasury Department’s Principles for Net-Zero Financing & Investment and associated philanthropic and civil society pledges. The following are excerpts from the Secretary’s remarks as prepared for delivery.

SEC Charges CBRE, Inc. With Violating Whistleblower Protection Rule

Date 19/09/2023

The Securities and Exchange Commission today announced settled charges against CBRE, Inc. (CBRE), a Dallas-based commercial real estate services and investment firm and subsidiary of publicly traded CBRE Group, Inc., for using an employee release that violated the SEC’s whistleblower protection rule.