Singapore has 18 asset managers already signed up to re-domicile a total of 20 funds to the new VCC fund structure.
Ohio State Treasurer stated in a memo the move would “reduce overall fees" from its current custodian.
The $35 billion super fund decided to defer the move from a ‘risk management perspective’, given the extreme market volatility caused by the COVID-19 virus.
Sponsored message from Standard Chartered
Digital disruption is driving a fundamental rethink of the securities services business model. Scott Dickinson, regional head of securities services for Africa and the Middle East, Standard Chartered, believes disruptive technologies in the Gulf Cooperation Council (GCC) economies will strengthen their client proposition.
National authorities are not expected to enforce the reporting obligations under SFTR as until 13 July 2020.
Experienced leader in enterprise blockchain and institutional capital markets joins SIX’s digital trading venue as it gears up for launch.
Despite calls for a delay to the securities finance regulation, service providers push forward with client testing.
ISLA and ICMA write to regulators appealing for delay due to Coronavirus pandemic.
Clearstream veteran Miriam Marascio has joined CloudMargin to oversee onboarding, support and relationships with clients.
Authorities in Spain, Italy, France and the UK have all enforced bans on creating or increasing short positions on some securities in response to significant declines across Europe’s equities markets.
The stance from three of the world's largest pension funds could spark an opportunity for service providers to help other asset owners more effectively incorporate ESG factors into investing.
Loading ...
The investment from the four firms will help strengthen the FundsDLT platform and accelerate its commercial development.
Custodians are fielding more questions about their business continuity plans from a growing number of buy-side and sell-side clients.
UniSuper said the decision is aimed at curtailing the amount of short selling that has been sparked by the pandemic.
The new VCC structure is designed to strengthen Singapore’s status as a regional fund distribution hub.
By taking over RBC’s Australian client-base, Citi will become the second largest custodian in the country, behind JP Morgan.
Open platforms have emerged as a cost-effective solution for banks that are updating and realigning their technology stacks in the wake of increased regulatory compliance.
The drop across the industry bucks a four-year growth streak which begun to pick up significantly from 2016.