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BNY Mellon renews VRS custody contract
09 November 2012 New York
Reporter: Jenna Jones

BNY Mellon has extended its contract to provide custody banking services to the Virginia Retirement System (VRS). The renewed contract will last for five years with an option of extending for another five-year period...
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BNY Mellon named as BrasilAgro's depositary bank


08 November 2012 New York
Reporter: Jenna Jones

BrasilAgro (Companhia Brasileira de Propriedades Agricolas) has appointed BNY Mellon as the depositary bank for its American depositary receipt (ADR) programme...
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Ireland changes up funds regime as AIFMD nears implementation
05 November 2012 Dublin
Reporter: Georgina Lavers

The Central Bank of Ireland has proposed enhancements to its non-UCITS regime in preparation for AIFMD. ??It is proposed that the current Qualifying Investor Fund (QIF) regime will be replaced with a new QIAIF regime...
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Malta’s fund industry sees steady rise
02 November 2012 Malta
Reporter: Jenna Jones

Malta Financial Services Authority (MFSA) statistics show that the number of funds that are domiciled in Malta has risen...
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Collateral quality equal to cost
01 November 2012 Sibos
Reporter: Jenna Jones

Almost all of the respondents to a Six Securities Services survey believe that the quality and cost of collateral should be given equal consideration...
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East Capital SICAV appoints SGSS Italy
30 October 2012 Sibos
Reporter: Jenna Jones

East Capital SICAV has recruited Societe Generale Securities Services (SGSS) in Italy to act as its local transfer agent, providing a complete range of securities services...
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SGSS selects Swiss Life Asset Management
29 October 2012 Paris
Reporter: Jenna Jones

Swiss Life Asset Management has chosen Societe Generale Securities Services (SGSS) to provide securities services for 60 investment funds totaling €5.5 billion of AUM...
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J.P. Morgan offers daily portfolio reconciliation


29 October 2012 SIbos
Reporter: Jenna Jones

J.P. Morgan’s Agency Clearing, Collateral Management and Execution (ACCE) business has introduced daily portfolio reconciliation for its derivatives collateral management clients...
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