Special Briefing • June 2026
After MFS: Can the Market Prevent Multi-Pledging Before It Happens?
Lumora Capital is incredibly excited to announce that our co-founders, Siv Sivanesan (CEO) and Jennifer Cruickshank (Chief Legal Officer), will be speaking at Global ABS 2026 on Wednesday, 10th June.
They will be tackling one of the transparency challenges currently facing the non-bank lending and receivables finance sectors.
Spotlight Stage: Can the Market Prevent Multi-Pledging Before It Happens?
10th June 2026, 3:30 PM @ CCIB, Exhibit Hall
The discussion will move beyond the headlines of recent market news (MFS etc) to focus on practical, forward-looking solutions. Jennifer will lead the conversation on the legal and structural limitations of existing audits, drawing on her deep industry expertise. We will then provide the tech wrap-up, demonstrating how a collaborative market infrastructure solution we have been working on can provide independent asset verification.
Our Objective: This is not a commercial pitch. We are championing a market-led initiative to explore how collaborative technology can reduce the risk of undisclosed multi-pledging and increasing confidence in the sector.
If you are attending Global ABS 2026 and want to help shape the future of asset verification, we invite you to join our session, participate in the Q&A, and connect with Siv and Jennifer during the event. Alternatively please reach out to us direct to talk.
The Focus: A Blueprint for Market Trust
The high-profile collapse of MFS highlighted a systemic structural challenge extending far beyond a single firm: how can lenders, institutional funders, and warehouse investors independently verify that real estate assets have not been pledged multiple times across the market? Moving past the standard verification limitations of traditional audits, Lumora Capital is leading a collaboration to establish an independent market infrastructure initiative to register and verify asset pledges.
The Wider Market Impact
When lenders cannot easily independently verify asset pledges, they are significantly exposed. The consequences extend beyond individual losses.
This undermines confidence, restricting capital flows and threatening the stability of the wider market.
Core Briefing Sessions
Unpacking the Blindspots: Analyzing the core structural vulnerabilities and structural limitations of traditional warehouse audits exposed by recent market defaults.
Seeing the Framework: A live, 5-minute technical demonstration of the privacy-first registry confirming asset uniqueness.
Shaping the Initiative: Participating in open, collaborative discussions to set a new verified market standard for asset verification.
Sivaraja Sivanesan | Chief Executive Officer
