After losing the bid for the UK’s bond CT, Ediphy sued the UK regulator, halting the tape’s implementation. Now, the FCA is asking the UK’s High Court to end the suspension and allow it to fight Ediphy’s claims in parallel.
Testing will be a key component of a successful implementation. However, the respective taskforces have yet to release more details on the testing schedules.
Waters Wrap: Reading the tea leaves, Anthony predicts BlackRock’s Preqin deal, Securitize’s IPO, and numerous public comments from industry leaders are just the tip of the iceberg.
Amid the rapidly growing use of financial AI, startup Martini.ai urges industry practitioners to coalesce around a common language to measure their progress and understand their own projects and capabilities.