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CACEIS is new custodian for French insurance group MACSF


04 April 2013 Luxembourg
Reporter: Georgina Lavers

CACEIS has become the new asset servicing provider for the French insurance group MACSF, following a tender process run by the firm in conjunction with the consultancy firm, Pilcer...
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Quilter selects Cofunds as custodian


03 April 2013 London
Reporter: Georgina Lavers

Quilter has selected Cofunds as its custodian, in a mandate that will see an initial £3 billion of funds moved onto the platform...
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Moscow Exchange renovates Russian security settlement


03 April 2013 Moscow
Reporter: Georgina Lavers

Moscow Exchange has begun the settlement of securities on the T+2 basis, one amongst many recent reforms which are hoping to make trading on Russia’s main exchange more attractive to both international and Russian market participants...
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Cayman moves forward with FATCA


03 April 2013 George Town
Reporter: Jenna Jones

The Cayman Islands government is planning to adopt a model one intergovernmental agreement (IGA) in response to the US Foreign Account Tax Compliance Act (FATCA)...
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AUSD rebrands as Clearing Center


02 April 2013 Ukraine
Reporter: Jenna Jones

In a recent meeting held on 28 March, All-Ukranian Securities Depository (AUSD) shareholders decided on its name change to Clearing Center on servicing of agreements on financial markets...
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IOSCO is under new rule


02 April 2013 Sydney
Reporter: Georgina Lavers

Greg Medcraft, chair of the Australian Securities and Investments Commission, took over as chair of the International Organization of Securities Commissions (IOSCO) board at its Sydney meeting...
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Omgeo appoints three to board


28 March 2013 New York
Reporter: Georgina Lavers

Omgeo has appointed Edward Hazel of Goldman Sachs, Richard Taggart of State Street Investment Management Services (IMS) and Susan Cosgrove of The Depository Trust & Clearing Corporation (DTCC) to its board of managers...
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Citco opens Malta office


28 March 2013 London
Reporter: Georgina Lavers

The Citco Group of Companies has approval to provide fund administration and custody services from the Malta Financial Services Authority, it is opening an office in Malta...