G30 - Moving in the right direction

The latest G30 report on global clearing and settlement offers more than a few worthwhile suggestions. But Kristina West says there is still much to be done before the industry will wholly embrace the recommendations.

The release of the new Group of 30 (G30) report on global clearing and settlement could be said to be long overdue, coming as it does 13 years after the last set of G30 recommendations, which were due to be implemented by 1992. However, a number of other groups, including the International Securities Services Association (Issa) and the Committee on Payment and Settlement Systems (CPSS)/International Organization of Securities Commissions (IOSCO), have set out their own recommendations in the

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T+1: complacency before the storm?

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