Euroclear launches digital postal voting platform for Swedish CSD
The service coincides with a new Swedish law allowing listed companies to hold General Meetings and for shareholders to cast their vote without having to be physically present.
The service coincides with a new Swedish law allowing listed companies to hold General Meetings and for shareholders to cast their vote without having to be physically present.
EUI had planned to increase its asset maintenance charge in April this year, after initial discussions with its key users in November on its pricing structures.
Regulatory and operational costs factors may require regional CSDs to band together and overcome these new pressures.
The end of the joint venture marks the conclusion of a project that has been wrought with delays and high-profile executive departures in its relatively short lifespan.
Euroclear has now been granted six licenses for its various CSDs in Belgium, Finland, France, the Netherlands and Sweden.
Euroclear Bank will be able to offer clients the choice between euro settlement in both commercial bank and central bank money.
The report analyses how market participants can issue, settle, safekeep and service crypto assets, as well as laying out a set of recommendations and best practises.
First State Investments will use the service for end-to-end automation of its UK investment funds from order placement, to settlement and asset servicing.
A recent report suggests managers face very little time to select an alternative for Irish-issued ETFs that are still settling in a domestic model.