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Markit’s FX confirmation service live


10 August 2015 London
Reporter: Stephanie Palmer

Markit has launched its new centralised foreign exchange trade confirmation service, part of its MarkitSERV trade processing platform...
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ESMA issues advice on CSDR settlement fails


10 August 2015 Paris
Reporter: Stephanie Palmer

The European Securities and Markets Authority has issued its technical advice on appropriate penalties for settlement fails under the central securities depository regulation...
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Ethical Australian mandate for Northern Trust


10 August 2015 Melbourne
Reporter: Stephanie Palmer

Northern Trust has been selected to provide global custody services for UCA Funds Management, an Australian fund manager dedicated to ethical investment...
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Irish Stock Connect custody win for HSBC


06 August 2015 Dublin
Reporter: Stephanie Palmer

HSBC has been appointed custodian for an Irish UCITS fund that has been approved to invest in China A-Shares through the Shanghai-Hong Kong Stock Connect programme...
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BNY Mellon wins Chilean ADR mandate


06 August 2015 Santiago
Reporter: Stephanie Palmer

Banco Santander Chile has chosen BNY Mellon as successor depository bank for its American depository receipt programme...
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SIX and Swisscom to launch Paymit solution


06 August 2015 Zurich
Reporter: Stephanie Palmer

SIX and telecoms provider Swisscom have announced they are working together, and with Swiss banks, to establish a single Switzerland-wide mobile payments solution, Paymit...
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First RQFII approved in the Americas


06 August 2015 Toronto
Reporter: Stephanie Palmer

HSBC has become the first custodian bank in China to service a Canadian Renminbi Qualified Foreign Institutional Investor (RQFII)...
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Portcullis launches Maltese AIFMD solution


05 August 2015 Valletta
Reporter: Stephanie Palmer

Malta-based Portcullis Asset Management is launching as a third-party alternative investment fund manager to help alternative funds in compliance with AIFMD...