Weaknesses in warehousing systemic risk in modern Financial Market Infrastructure (FMI) are the result of a combination of market failures and of structural flaws deeply ingrained in modern financial markets. The same applies to investor control over their investments over the custodial chain....

Interacting with an AI system, a “robot”, as in financial robo-advice, can pose significant challenges from the end-user and the algorithm developer’s perspective. Robots’ decisions can be hard to explain and justify, let alone assure that they are free of biases. Furthermore, the most...