All latest asset servicing news

DTCC ahead of the game for phase 2 EMIR

12 August 2014 London
Reporter: Catherine Van de Stouwe

From 11 August, additional reporting obligations for collateral and valuation apply for phase two of the European Market Infrastructure Regulation (EMIR)...

SunGard solution for Islamic Bank of Egypt

12 August 2014 Cairo
Reporter: Catherine Van de Stouwe

Faisal Islamic Bank of Egypt has selected SunGard’s suite of enterprise risk management solutions to help build a new operational framework for improved risk exposure, reporting and Basel compliance...

Future looks bright for India DRs

12 August 2014 Mumbai
Reporter: Catherine Van de Stouwe

Indian corporates consider the US, Singapore and the UK as the top three most strategically important countries for new sources of investment over the next five years, according to a survey by BNY Mellon...

South Korea “important offshore RMB clearing centre”

11 August 2014 Brussels
Reporter: Catherine Van de Stouwe

South Korea has become 8^th in the world for RMB payments having increased payment value by 563 percent between June 2013 and June 2014...

Gibraltar begins compliance with FATCA

11 August 2014 Gibraltar
Reporter: Catherine Van de Stouwe

Gibraltar’s financial services sector must act now to embrace the Foreign Account Tax Compliance Act (FATCA), says Nicola Smith, CEO of Helvetic...

Eyes on the APAC prize for Bravura's McCann

11 August 2014 London
Reporter: Catherine Van de Stouwe

Bravura Solutions has promoted Terry McCann to chief information officer with global remit...

New appointment for new Cashfac hub

11 August 2014 Singapore
Reporter: Catherine Van de Stouwe

Mike Walsh has been made managing director of Asia Pacific for Cashfac Technologies’ new Singapore office...

Collateral becoming regionalised

11 August 2014 London
Reporter: Catherine Van de Stouwe

The first-order effect of the global effort to increase regulation of fixed-income trading has been to increase regionalisation in the treatment of collateral at European and US clearinghouses, according to TABB Group...