All latest asset servicing news

Basel III sees one-year deferral in response to COVID-19 pandemic

27 March 2020 Basel
Reporter: Maddie Saghir

"It is important that banks and supervisors are able to commit their full resources to respond to the impact of COVID-19," said the chair of the GHOS and governor of the Bank of France

Standard Chartered forms new financing and securities services unit

27 March 2020 Singapore
Reporter: Maddie Saghir

The financing and securities services unit will include all existing securities services activities including custody, clearing, fiduciary and fund services, and securities lending

Exactpro successfully tests ZUBR Exchange ahead of launch

27 March 2020 London
Reporter: Maddie Saghir

Exactpro’s testing was aimed at providing transparency to ZUBR’s clients and investors, and according to the firm, has ensured robust trading and risk engine performance

HSBC Securities Services hires Steven McCullough

27 March 2020 Hong Kong
Reporter: Maddie Saghir

McCullough joins from Citibank where he worked as managing director, client executive and account management, Asia Pacific for custody and fund services

ESMA consults on technical standards on TRs for EMIR Refit

26 March 2020 Brussels
Reporter: Maddie Saghir

The suggested proposals by ESMA build upon the existing rules as well as the experience in implementing EMIR since 2012

SIX Group gains Spanish authorities approval for BME acquisition

26 March 2020 Zurich
Reporter: Maddie Saghir

SIX said it intends to “preserve and strengthen BME’s position in Spain by maintaining its brands, current business activities, headquarters and office locations, and by investing in new technologies and growth opportunities”