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Abu Dhabi licenses first administrator under new regs
05 February 2014 Abu Dhabi
Reporter: Georgina Lavers

The United Arab Emirates Securities and Commodities Authority (ESCA) in Abu Dhabi has granted Apex Fund Services a licence to provide fund administration services under the authority’s new regulations...
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Calastone builds on Asia foundation


05 February 2014 Singapore
Reporter: Georgina Lavers

Aviva, a life and health insurer in Singapore, and Navigator Investment Services, an Aviva-owned integrated investment portfolio administration service, have both chosen to use Calastone’s order routing services...
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NSD and CDA sign foreign nominee agreement
04 February 2014 Moscow
Reporter: Daniel Jackson

National Settlement Depository and the Central Depository of Armenia have concluded a central securities depository agreement...
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Italian pension revitalises SocGen
03 February 2014 Milan
Reporter: Georgina Lavers

Societe Generale Securities Services in Italy has picked up a mandate by Italian energy pension fund, Fondenergia, to act as its depository bank...
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BNP Paribas launches depository services in Switzerland
03 February 2014 Zurich
Reporter: Stephen Durham

Global custodian BNP Paribas Securities Services is set to continue the expansion of its European depository banking network by pursuing clients in the lucrative Swiss market...
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State Street UK fined over transition failings
03 February 2014 London
Reporter: Daniel Jackson

State Street UK has been fined almost £22.9 million by the Financial Conduct Authority for overcharging its transition management clients...
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New hire strengthens Riva
31 January 2014 Isle of Man
Reporter: Daniel Jackson

Riva Financial Systems has appointed Jo Vowles as senior test manager...
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SWIFT institute sets research agenda
31 January 2014 Brussels
Reporter: Daniel Jackson

The SWIFT institute’s research in 2014 will focus on standards, big data, network liquidity effects and the unit cost of financial services...
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