Network managers expect major changes to sub-custodian due diligence processes
Network managers may be forced to adopt virtual technologies to complete their due diligence processes of sub-custodians, however not all are in agreement of its merits.
Tag: AFME
AFME research shows market infrastructures bearing up well under COVID 19 strain
European capital markets have continued to operate well following the outbreak of COVID-19 according to new research from AFME.
Trade association heavyweights step up call for regulators to delay CSDR buy-in regime
The consensus among both buy- and sell-side firms is that the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
AFME’s DDQ at risk of being ‘simply another questionnaire’, warns tech expert
Technology firm says Association for Financial Markets in Europe due diligence questionnaire is at risk of becoming ‘simply just another questionnaire’.
AFME’s DDQ appears to have resonated with the industry as alterations lessen
Few alterations expected to be incorporated into the 2020 DDQ version in what is likely to be a welcome respite for many sub-custodian providers.
AFME publishes revised Due Diligence Questionnaire
Due Diligence Questionnaire aims to harmonise and simplify the process of completing questionnaires for global custodians, sub custodians and banks that hold client money.
Cornerstone of CMU comes under fire
The Simple, Transparent and Standardised Securitisation Regulation (STS) is designed to provide an uplift to the European securitisation market, however experts argue the rules could make little difference in their current form.
AFME targets standardised due diligence
AFME’s due diligence questionnaire provides a standardised set of questions for sub-custodians.
AFME calls for harmonised asset seg rules
A lack of harmony in asset segregation rules has riled market participants.
AFME makes push for standardised network due diligence
Standardisation of due diligence processes is gaining traction across a variety of sectors in the financial services industry including network management.