The International Capital Markets Association (ICMA) and Rule Financial are launching a joint survey into industry preparedness for and attitudes towards Target 2 Securities (T2S).
ICMA said that given the far-reaching impact that T2S will have on cash bond and repurchase agreement (repo) trading practices, the European Repo Council (ERC), which forms part of ICMA, has commissioned the survey to assess industry sentiment towards and readiness for one of Europe’s most important infrastructure projects.
Both ICMA and the ERC hope that the survey results will shed light on industry participants’ understanding of T2S and its potential consequences for individual firms in terms of costs, resources and opportunities. This knowledge will then be used by the ERC to help guide and shape its approach to the provision of T2S information, guidance and training to its members.
The final survey findings will be presented at the ERC general meeting in London on Wednesday 19 November 2014, from 9:00 to 14:00 at The London Stock Exchange, 10 Paternoster Square, London, EC4M 7LS. This will be an open meeting and all are welcome to attend.
To participate in the ICMA and Rule Financial T2S survey, click
In today’s digitally connected world, infinite quantities of data are produced by consumers daily at a mind-boggling pace and volume. With under three months left to prepare, here are four areas for businesses to consider, to make sure they are ready for GDPR implementation.
Cash-flow based metrics now feature prominently alongside traditional revenue measures of business performance in the key figures or financial summary pages of any public company.
GTNews asks Pugsley about what advice she would give to treasurers dealing with mergers and acquisitions, what the key challenges for her year ahead will be and how she is selecting a treasury management system (TMS).
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.