Financial Services Financial Services

EU reform pledge on securities-settlement buy-in fails to impress industry

By Jack Schickler
  • 02 Jul 2021 07:18
  • 02 Jul 2021 07:18
Unpopular EU securities-settlement rules designed to pay for failed trades are due to be scrapped, the European Commission has said — but the potential volte-face has still left many asset managers unhappy. 
The EU pledge made yesterday (see here) to review the controversial mandatory buy-in regime before it has even

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