The board of directors of UBS Switzerland and Credit Suisse will be restructured from 1 November 2023. Roger von Mentlen has been appointed chairman for both boards
The platform is designed to support firms’ post-trade processing requirements including fails management, financial transaction taxes and Central Securities Depositories Regulation penalty management
The UPI, an International Organisation of Standardisation standard, has been developed to allow aggregation of OTC derivatives transactions reported to trade repositories
SKDD partnered with Montran on the initiative, introducing a range of new solutions for sustainable securities market management. It is now able to operate on the TARGET2-Securities platform in the Euro Area, and uses ISO 20022 messages
Deutsche Bank has completed its acquisition of Numis Corporation, establishing Deutsche Numis as a UK investment banking and advisory services provider
In their recent paper, the Parliament highlights that the rules on identifying customers’ beneficial owners “have to be calibrated correctly and fit well within customer due diligence processes”