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Cordea Savills transfers real estate care over to CACEIS


30 July 2013 Munich
Reporter: Georgina Lavers

Cordea Savills Invest GmbH, the investment company of Cordea Savills group, will transfer its depotbank services for real estate funds to CACEIS in the third quarter of 2013...
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BNP Paribas helps DTCC clients with EMIR


30 July 2013 London
Reporter: Georgina Lavers

BNP Paribas Securities Services will help buy and sell-side clients of the London-based DTCC Derivatives Repository comply with the European Market Infrastructure Regulation (EMIR) rules for derivatives trades reporting...
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The road to AIFMD acceptance is rocky


29 July 2013 London
Reporter: Georgina Lavers

Uneven progress is being made in implementing the Alternative Investment Fund Managers Directive (AIFMD) across the European Union...
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CACEIS opens Belgian depository


29 July 2013 Belgium
Reporter: Georgina Lavers

CACEIS has opened a new depository bank branch in Belgium, where it currently provides fund administration services...
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Traiana packs and parcels first interdealer trade


29 July 2013 New York
Reporter: Georgina Lavers

The first interdealer non-deliverable forward (NDF) trade has been delivered to LCH.Clearnet’s ForexClear service through the recently established link with Traiana’s Harmony CCP Connect...
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NSD customer committee elects 25


29 July 2013 Moscow
Reporter: Georgina Lavers

The supervisory board of National Settlement Depository (NSD), Russia’s central securities depository, has elected 25 members to its CSD customer committee, with a one year term of power...
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BNP Paribas snaps up Commerzbank's depot business


26 July 2013 London
Reporter: Georgina Lavers

BNP Paribas Securities Services has acquired Commerzbank’s depotbank business for German-domiciled UCITS and institutional funds, securities funds as well as open-ended real estate funds...
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FCA dishes out £5.62 million fine to RBS


25 July 2013 London
Reporter: Georgina Lavers

The Royal Bank of Scotland has been fined £5.62 million by the Financial Conduct Authority for incorrectly reporting transactions it made in wholesale markets, and in some instances, failing to report transactions at all...