Network managers advocate dropping of cyber-security questions from sub-custody DDQ
Cyber-security could be one of the sections that will be dropped from an industry-wide questionnaire network managers use when selecting a sub-custodian.
Custody
Citi launches sub-custody and clearing in Norway
Citi already offers direct custody and clearing services in Denmark, Finland and Sweden, with expansion taking its European sub-custody network to 37 markets.
Digital asset custodian targets institutional investors with “military-grade cold storage”
Move aims to provide institutional comfort for engagement in digital asset lending.
Societe Generale to support ESG reporting for French asset manager
Custodian to provide overview of Financière Arbevel's financial investments from an ESG perspective.
MSCI proposing significant increase of China A-Shares in Emerging Markets Index
MSCI looks to quadruple the number of China A-Shares into the MSCI Emerging Markets Index in 2019.
BNP Paribas Securities Services goes live with ClimateSeed
Carbon offsetting platform is BNP Paribas Securities Services’ first accredited Social Business.
BNY Mellon earns global custody renewal from £28 billion UK pension fund
The mandate, which includes core custody, securities lending, FX and cash management, renews a 22-year relationship with RPMI Railpen.
Standard Chartered targets crypto custody offering
Standard Chartered’s global head of securities services believes the custodian has seen a need to begin exploring its own digital asset offerings.
RBC growing ETF servicing business with fourth custody mandate of the year
RBC follows up on recent Coin Capital and Bristol Gate Capital Partners deals with ETF custody mandate from First Block Capital.
Custody
Standard Chartered granted landmark Chinese fund custody license
Regulators grant Standard Chartered domestic fund custody license to provide services to investment products offered by domestic funds and asset managers in China.