The Polish Securities and Exchanges Commission (SEC) has taken steps to replace the existing Law on Public Trading in Securities, according to Bank Austria Creditanstalt AG (BA CA). The SEC has provided Custodian Banks' Council with drafts of three new
Emerging market economies are in a much better state than at any time over the past 10 years, according to James Syme, head of emerging markets at SG Asset Management. As a result and because they remain attractively valued Syme
A new report from IFSL Financial Market Trends entitled Europe versus US suggests that, for the first time, many financial activities in Europe in 2003 outstripped those of the US and (in the majority of cases) have been growing more
On Monday this week Fortis was authorised by the China Securities Regulator (CSRC) as a Qualified Foreign Institutional Investor (QFII). Fortis, together with its partner, the Bank of China, will now apply for a quota with the State Authority for
JPMorgan Treasury Services has launched what it calls a Global Payments Infrastructure (GPI) service on an outsourcing basis. It is a modular solution that aims to enable banks to replace their existing US dollar funds transfer infrastructure with JPMorgan's clearing
The European Commission will open negotiations aimed at the admission of Croatia to the European Union (EU). They will start next year. The negotiations follow the admission of ten countries to the EU in May this year.
ADP Brokerage Services Group says that that E TRADE FINANCIAL Corporation has signed a 10 year agreement to outsource its brokerage transaction processing and regulatory document delivery services to ADP for its registered broker dealer subsidiaries. As part of this
JPMorgan Treasury Service is planning to open a remote cheque image capture site in Europe. The site will allow clients in EMEA (Europe, Middle East and Africa) and Asia to take advantage of benefits from the Check Clearing for the
JPMorgan Treasury Services is offering its correspondent banking partners a new set of trade finance tools called TradeOPT. The bank says the tools aim to enable banks to meet all aspects of their customers' trade finance needs from traditional services,
John Tiner, Chief Executive Officer of the Financial Services Authority (FSA) who officially launched the Scottish Office of the Securities & Investment Institute at a reception held in Edinburgh on Monday 11 October says his preferred approach was to regulate