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Legacy technology continues to be a significant pressure point for the industry, ALFI panelists say

The panel highlighted that providing a digital platform that can adapt to local legislations and combine new product features is a goal that the industry should be working towards

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Ogier promotes Martin Byers to counsel

Legal advice provider Ogier has promoted Martin Byers to counsel in its Cayman Islands division

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BNP Paribas Securities Services makes appointments to senior financial institutions and corporates client line teams

BNP Paribas appoints Camille Papillard as head of financial intermediaries and corporates (FI&C) EMEA and Stanislas Beneteau as head of FI&C Americas

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JTC appoints Martin Punt

Based in London, Punt will play an active role in building JTC’s intermediary relationships and developing its overall private equity and venture capital offering, with a particular focus on the firm’s UK and Channel Islands proposition

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Startup payments platform raises $6m

Startup payments platform Mash has secured US$6 million in seed funding, co-led by Castle Island Ventures and Whitecap Venture Partners, and including other participatory angel investors

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Ocorian appoints Fiona Crellin as managing director of the Cayman Islands

Financial services group Ocorian has appointed Fiona Crellin as managing director of the Cayman Islands

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Industry consortium interpret latest CSDR mandatory buy-in statement from ESMA

An industry consortium has co-signed a joint-association statement setting out a common interpretation of the European Securities and Markets Authority’s statement which outlines EU legislators do not expect market participants to take further action

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ESMA issues statement on CSDR buy-in postponement

European securities market regulator clarifies its supervisory approach on implementation of buy-in regime, confirming news from November that it has asked co-legislators for a delay in buy-in element

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Aztec Group selects Fenergo’s SaaS solution

The independent fund and corporate services provider will leverage Fenergo’s CLM solution across its offices in the Channel Islands, Europe and the US

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Ocorian bolsters Cayman legal team

Ocorian has hired Nathaniel Luker as a new partner of its Cayman Islands legal arm, Ocorian Law (Cayman) Limited

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European Commission issues Interim Report on CSDR

Report says Commission will consider a REFIT legislative review of CSDR, subject to an impact assessment

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ICSD Clearstream partners with Saudi securities registry to streamline access to vast capital market

Eligible clients now have access to the Middle Eastern country’s Islamic and corporate bond market and listed ETFs thanks to an indirect linkage established via HSBC Saudi Arabia acting as local custodian for Clearstream

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