Thomas Murray Data Services
Securities Newsletter

February 2014

As a local market infrastructure entity or interested participant, Thomas Murray Data Services is pleased to send you our February newsletter. This newsletter provides access to the top stories we reported on as part of our on-going surveillance of local capital markets worldwide. We currently track over 100 securities markets, 130 Central Securities Depositories and have Capital Market Infrastructure Risk Rating Reports on over 90 markets worldwide, assessing the post trade risk exposures faced by international investors.

We would value your feedback on this newsletter. Should you wish to find out about subscribing to our services please feel free to contact us.

CMI in Focus - CSD Competition in Asia

Thomas Murray Data Services maintains a wealth of information through the whole post-trade lifecycle of securities. In a series of monthly reports, Thomas Murray Data Services will be investigating global trends in the industry through analysis of particular areas of capital market infrastructure.

This month's CMI in Focus looks at competition between CSDs, particularly focussing on the Asia Pacific experience.

Click here to read the full article

Click here to read the full article.

Top Stories

Bosnia and Herzegovina - Banja Luka Stock Exchange Introduces Money Markets

10 January, 2014

The Banja Luka Stock Exchange (BLSE) will launch on 13 January 2014 a new platform for trading Money Market instruments. The main characteristics of this new market are: Foreign investors can access the Money Market through...

Japan - JASDEC Introduces New System

06 January, 2014

As a development to our previous newsflash, the Japan Securities Depository Center (JASDEC) launched the new system on 6 January 2014. Alongside this, JASDEC adopted ISO 20022 messaging standard and participants are expected to...

Mexico - Amendments to Securities Market Law

15 January, 2014

Amendments to the Securities Market Law as part of the Finance Reform were published in the Official Gazette (Diario Oficial de la Federación, DOF) on 10 January 2014. Subsequently, the Mexican Stock Exchange (Bolsa Mexicana de Valores, BMV) has...

Nigeria - CBN Becomes the Depository for FGN Bonds

03 January, 2014

Further to our previous newsflash, OTC-traded Federal Government of Nigeria (FGN) bonds started settling on the Scripless Securities Settlement System (S4) of the Central Bank of Nigeria (CBN) on 20 December 2013. The CBN is now the...

UK - Planned Changes to LSE Post-Trade Processing

06 January, 2014

The London Stock Exchange (LSE) has launched a project to change the post-trade processing of LSE's SETS and SETSqx cleared trades, of which the settlement takes place in Euroclear UK & Ireland's (EUI) CREST system. Currently EUI receives...

Total Number of Thomas Murray Flashes Issued: January 2014

Securities Market Profiles Flashes: 271 (3168 year on year)

Central Securities Depository Flashes: 92 (1071 year on year)

Capital Market Infrastructure Flashes: 96 (1143 year on year)

Worth Knowing

Depository Risk Flashes

Indonesia - New Requirements for FOP Transactions

Italy - Monte Titoli Selects SWIFT for T2S Message Standardisation

Kenya - Kenya CDSC Depository Report Review and Rating Change

UAE - DFM Issues SBL Rules

USA - DTCC White Paper on Collateral and Collateral Management

Capital Market Infrastructure Risk Rating Flashes

Global - ECB Publishes Paper on Corporate Actions Processing in T2S

India - SEBI Foreign Portfolio Investors Regulations and Guidelines

Turkey - Borsa Istanbul Revises Default Penalties for Debt Securities Market

Ukraine - NSSMC Presented Results of Self-Assessment Under IOSCO Principles

Uruguay - Sale of Unlisted Bearer Equities Now Subject to CGT3

In Focus

Latest News

Morgan Stanley utilises Thomas Murray's sub-custodian monitoring network in support of its AIFMD obligation

Marie Ellis joins Thomas Murray Data Services as a senior bank analyst

CSD regulation - a new entrant's perspective

Custodians becoming CSDs - interview with BNY Mellon's Chris Prior-Willeard

Third party trade reporting - the pros and cons

CFTC approves Bloomberg application to become fourth SDR

Trade reporting - one week to go

Thomas Murray's Tom Krantz was published in the FT last week discussing central clearing: "Risks remain in G20 clearing plan."

Contact Us

For further information on Securities contact:

Derek Duggan
Tel. +44 (0) 20 8600 2300

For editorial enquiries contact:

Miles Reucroft
Tel. +44 (0) 20 8600 2300


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About Thomas Murray Data Services

Thomas Murray Data Services is a specialist custody rating, risk management, research and information provider specialising in the global securities services industry.

Our range of products and services provide reports on over 250 custodians, 130 central securities depositories and 100 markets globally.

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