TIC data's Belgium blind spot for Treasury holdings
The guest explained that the Treasury International Capital (TIC) data system has a significant limitation: it can only see the immediate custodian, obscuring the ultimate beneficial owners of U.S. securities held in major international depositories like Euroclear in Belgium.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.