When the US and Canadian markets slashed their settlement window to just one day, the change promised faster trade finality and reduced counterparty risk. But for financial firms across Europe and Asia, it has triggered a logistical scramble, compressing timelines, inflating costs, and straining cross-border trade operations like never before. T+1: A Reform Born in…
Duty Calls – but Is the FCA Listening? Regulators are always keen to tell us how enthusiastic market participants are about a new piece of regulation or a different approach to industry oversight. So it was no surprise when the UK Financial Conduct Authority stated earlier this month that its Consumer Duty was helping banks…
Shares of Shakti Pumps will be in focus today as the company has announced a bonus share issue in the ratio 5:1, for which the ex-date is November 25. This means today is the last day to buy the stock to be eligible for the bonus shares. The company had announced the record date earlier…