The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Clearstream recorded an increase of 7.5% for total revenues at €718 million, driven by net income from its banking business.
Global Custodian looks at the recent MOUs’ between the UK and EU financial regulators and their implication for securities markets.
The agreement between ESMA and the Bank of England eases concerns of significant disruption to the Irish securities market.
HKEX will develop new systems for the proposed paperless regime, which could be in place by early 2022.
Custodian to pay a $54 million settlement to US regulator over American Depositary Receipts.
Jeffrey Mooney was part of the regulatory team responsible for the US transition to a T+2 settlement cycle in 2017.
New cross-border custody and settlement service to act as a single gateway to TARGET2-Securities (T2S) and international markets.
Euronext would no longer be able to settle Irish securities at Euroclear’s London-based CREST once the UK leaves the European Union.
Custodians could deliver superior value focusing on identifying operational pain-points for customers and created solutions off the back of it, according to Deutsche Bank.