BNP Paribas has promoted the COO of its India brokerage business to lead the securities services franchise in the country.
India's markets regulator has relaxed requirements for FPIs to renew their license following calls from custodians to ease the process for firms working remotely.
HSBC stated it completed the transition in ‘record time’, after consolidating all custody and fund administration functions for its $18 billion of assets.
In the fourth part of our ‘what to look out for in 2020’, we ask industry experts’ in Asia for their input on trends to watch out for in the New Year.
The creation of the new role comes as the South Asia region primes itself for increased growth, mainly driven by greater foreign investor flows.
With the regulator’s approval, Deutsche Bank becomes the first and only custodian to launch commodity custody in India.
The membership gives the bank the opportunity to work closer with CSD and CCP members on a number of key industry topics.
The platform is designed to help foreign investors, such as asset managers and insurance companies, to set up new investment vehicles in India.
Ahead of the New Year, we ask industry experts to give their predictions on what to look out for in 2019. We begin with a look at some regional forecasts.
SEBI has been active in trying to implement reforms in the securities lending market to grow volumes and mutual fund participation.