TITLE

EC Asks Securities Regulators For Help on Code of Conduct

AUTHOR(S)
KENTOURIS, CHRIS
PUB. DATE
September 2008
SOURCE
Securities Industry News;9/8/2008, Vol. 20 Issue 31, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the request by the European Commission (EC) for the Committee of European Securities Regulators to identify interoperability delays in clearinghouses which were made under the EC Code of Conduct. Clearinghouses are facing problems with respect to regulation barriers in different countries and settlement of contracts. Under the EC Code of Conduct, a mediation mechanism to resolve the dispute between a requesting party and clearinghouse is indicated.
ACCESSION #
34393325

 

Related Articles

  • Euro accounts.  // Accountancy;Oct97, Vol. 120 Issue 1250, p82 

    Reports that a European Network for Dispute Resolution has been set up at the request of the European Commission. Cost of dispute resolution; Contact information.

  • Expanding The Playbook. Bresiger, Gregory // Securities Industry News;9/17/2007 Supplement, Vol. 19, p10 

    The article focuses on the evolution of the stock clearing industry in the U.S. Senior analyst David Easthope of Celent mentions that clearers continue to move up the value chain for some time, as the ability to clear a trade has become a commodity. According to president Norman Malo of Fidelity...

  • EU Grants Equivalency to Asia-Pacific Clearing Houses. Parsons, Joe // Global Custodian News;2014, p1 

    The article informs that the European Commission has given equivalence to four clearing houses in four Asia-Pacific countries including Singapore's SGX AsiaClear, Australia's ASX Clear, and Japan Securities Clearing Corp. (JSCC) as of October 2014. It mentions that the decision of the Commission...

  • European Commission Broadens UCITS.  // Emerging Markets Monitor;3/26/2007, Vol. 12 Issue 48, p9 

    The article reports that the European Commission has expanded the range of assets in which investments from the European undertakings in collective investments in transferable securities (UCITS) investment funds may be accepted. The Commission initially issued guidance that indicates the...

  • Market snapshot.  // Securities Industry News;02/22/99, Vol. 11 Issue 8, p4 

    Presents a graph on the volumes of securities processed by the New York Clearing House in 1998.

  • Scandinavia Revisits $4 Alliance Concept. Kentouris, Chris // Securities Industry News;7/16/2001, Vol. 13 Issue 28, p4 

    Reports that Scandinavian securities clearinghouses are resurrecting the concept of an alliance called Nordiclear in securities settlement. Reason behind the clearinghouses' move; Prediction that Denmark and Sweden's depositories will be the first to adopt a central counterparty securities...

  • Risky Business for Some Clearers?  // Traders Magazine;Jun2012, Vol. 25 Issue 337, p11 

    The article highlights the results of a study by LaRoche Research Partners that examined the expenses and risk profiles of 10 major clearing brokerages.

  • Top Correspondent Clearers Taking On the Vendors. Hintze, John // Securities Industry News;3/10/2008, Vol. 20 Issue 10, p1 

    The article deals with the move of several correspondent clearers in the U.S. securities trading industry to expand their technology services in order to become a consulting and technology source for non-clearing customers. Examples of clearers which launched initiatives to expand their...

  • ECSDA: Little Progress To Report. Kentouris, Chris // Securities Industry News;5/23/2005, Vol. 17 Issue 20, p12 

    Presents information on a report by the European Central Securities Depository Association on the effort to create a unified clearing and settlement market in Europe in 2005. Barriers to harmonizing the fragmented European post-trade processing infrastructure; Percentage of recommendations for...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics