ESMA Seeks Experts in Financial Innovation12.05.2018
ESMA is launching the process to renew the Consultative Working Group (CWG) of the Financial Innovation Standing Committee (FISC). ESMA is calling for expressions of interest from stakeholders to become a member of the CWG by 15 January 2019.
ESMA has established the CWG to benefit from the expertise of stakeholders who are involved in the topics related to financial innovation under ESMA’s remit (securities markets, market infrastructures, institutional and retail investors) and with a view to support ESMA’s objectives of investor protection, market integrity and financial stability. FISC looks to this group to provide expert advice regarding ESMA’s work on Financial Innovation.
Interested stakeholders can apply by 15 January, by submitting the application form and their CV.
A better institutional platform for custody and fund administration will expand the digital asset market.
Investors lack confidence in fixed income data and believe only half is really reliable.
Kaiko will use the funding to strengthen its institutional data products and infrastructure.
The consortium is creating the first open market electronic trading platform for syndicated loans and CLOs.
The collaboration achieved a 76% reduction in email traffic for operational processes for trades.