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KDPW_CCP clearinghouse files for authorisation under EMIR


04 July 2013 Warsaw
Reporter: Jenna Jones

KDPW_CCP has filed an application with the Polish Financial Supervision Authority to be authorised as a clearinghouse under the European Market Infrastructure Regulation, which sets out single requirements for clearinghouses in the EU...
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NC university names Northern Trust as global custodian


04 July 2013 Chicago
Reporter: Jenna Jones

Wake Forest University, a private university based in North Carolina, has selected Northern Trust as global custodian to service approximately $1.1 billion in endowment assets...
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LuxCSD appoints fifth partner bank


04 July 2013 Luxembourg
Reporter: Jenna Jones

Citi has been named as the fifth bank to partner with LuxCSD, Luxembourg’s central securities depository, as a principal agent...
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Three custodian banks face ratings review


03 July 2013 New York
Reporter: Mark Dugdale

BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...
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Caisse des Dépôts extends BNP Paribas mandate


03 July 2013 London
Reporter: Jenna Jones

Caisse des Dépôts has extended its custody account keeping mandate with BNP Paribas Securities Services, which began in April 2012 following the call to tender issued by Caisse des Dépôts...
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LCH.Clearnet extends SwapClear down under


02 July 2013 New York
Reporter: Jenna Jones

The Australian government has granted an extension to its existing clearing and settlement facility license allowing LCH.Clearnet to offer its SwapClear OTC interest rate swap clearing service directly to Australian banks...