Advisory alliance in conjunction with Thomas Murray (the world’s most comprehensive online database on Custodians, Post Trade Infrastructure and CSD Risk Ratings) and DLA Piper LLP (the world’s largest law firm), to provide advisory services to CCPs, Regulators and market participants on all aspects of CCP Business Strategy, Risk Management, Regulatory compliance and systems and procedures.
Market Regulators Projects
Central Bank of Kenya – Strategy for Financial Sector Reform
Consortium with Oxford Policy Management (OPML) advising the Central Bank of Kenya on a strategy for Payments Systems, as part of a wider study, including both the large value and small value payments systems and the new electronic services such as M-Pesa.
Czech Ministry of Finance – Legal and Business Impact*
As part of an EC-PHARE funded project, advised the Czech Ministry of Finance on the business and systems impacts of the legal and regulatory environment within the Czech Securities market. The organisations covered were the Prague Stock Exchange, the RM-S Unlisted Securities Market and the Central Securities Depository (SCP).
Hungarian Financial Supervisor Authority – Reporting*
Reviewed the Authority’s market monitoring and surveillance processes for brokers, stock exchange and investment funds and recommended detailed improvements.
Romanian National Securities Commission – Exchange Merger*
Reviewed the project status of the proposed merger between the Central Securities Depository at the Bucharest Stock Exchange and the National Securities Clearing and Settlement Depository (SNCDD).