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Luxembourg sees record-breaking March


29 April 2015 Luxembourg
Reporter: Stephanie Palmer

Luxembourg’s funds industry has retained its title as the leading European funds domicile, with March’s figures showing record net sales, and a growth of net assets under management...
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Custom House expands services in APAC


29 April 2015 Hong Kong
Reporter: Stephanie Palmer

Custom House Fund Services is expanding its presence in the Asia-Pacific region by opening a new office for hedge and private equity funds in Hong Kong...
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BNY Mellon launched ESG advisory service


28 April 2015 New York
Reporter: Stephanie Palmer

BNY Mellon has partnered up with Sustainalytics to introduce ESG advisory services for its depository receipts clients...
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Asian market players prefer to ‘wait and see’


28 April 2015 Hong Kong
Reporter: Stephanie Palmer

Fund managers in Asia are adopting a ‘wait and see’ attitude towards the anticipated increase in regulation, according to an RBC poll conducted at FundForum Asia...
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Cyan Oak chooses SocGen for derivatives


27 April 2015 Paris
Reporter: Stephen Durham

Societe Generale has been mandated by investment management company Cyan Oak Capital LLP to process derivatives for its range of alternative investment funds...
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Merrill Lynch hit with record reporting fine


27 April 2015 London
Reporter: Stephanie Palmer

The UK Financial Conduct Authority (FCA) has issued its highest ever penalty for transaction reporting failures, fining Merrill Lynch £13.29 million...
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SmartStream expands TLM systems


27 April 2015 London
Reporter: Stephanie Palmer

SmartStream has enhanced its exception management solution to provide enterprise-wide transaction lifecycle management capabilities addressing process management...
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T+2 is the future, says Omgeo


27 April 2015 New York
Reporter: Stephen Durham

A study published by Omgeo has revealed that 80 percent of respondents believe T+2 will become the global standard for settlement cycles within 10 years...
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SWIFT explore changes in real-time payments


24 April 2015 London
Reporter: Becky Butcher

Regulatory initiatives are the key driver behind the increased adoption of real-time retail payments systems (RT-RPS), according to a new SWIFT research paper...
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SWIFT KYC Registry expands across 109 countries


24 April 2015 London
Reporter: Becky Butcher

SWIFT KYC Registry has now expanded across 109 countries, facilitating compliance with a growing number of correspondent relationships worldwide...
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ISSA sets up crime compliance squad


24 April 2015 Zurich
Reporter: Stephanie Palmer

The International Securities Services Association (ISSA) has established a new working group to explore and better understand the challenges and activities in financial crime compliance...