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NatWest continues fund partnership with Ardian
22 July 2020 London
Reporter: Rebecca Delaney

NatWest Trustee and Depositary Services will continue its partnership with Ardian over fund depositary services in the UK and Luxembourg

TelstraSuper reappoints J.P. Morgan as custodian
22 July 2020 Sydney
Reporter: Maddie Saghir

The extension of this mandate follows an evaluation of the market and an assessment of which custodian was best placed to meet the $21 billion fund’s increasing strategic needs

WFE calls for crypto asset taxonomy
22 July 2020 London
Reporter: Rebecca Delaney

The World Federation of Exchanges has called for a response to the development of global stablecoins by creating a common taxonomy to better cover crypto assets

Universal-Investment completes CAPinside acquisition
22 July 2020 Hamburg
Reporter: Rebecca Delaney

The Universal-Investment Group has completed its majority shareholder acquisition of online investment platform CAPinside GmbH

Citi enhances securities services settlements in Hong Kong
22 July 2020 Hong Kong
Reporter: Rebecca Delaney

Citi has launched a proprietary solution using bot technology to offer securities services clients in Hong Kong real-time processing for matching and settlement

Wells Fargo welcomes Mike Santomassimo from BNY Mellon
22 July 2020 San Francisco
Reporter: Maddie Saghir

Wells Fargo has appointed Mike Santomassimo as chief financial officer (CFO), effective from autumn this year

Intertrust Ireland appoints transfer agency head
22 July 2020 Dublin
Reporter: Rebecca Delaney

Intertrust Fund Services Ireland has appointed Blanca McGarry as head of transfer agency

Raiffeisenbank joins Astana International Exchange CSD
22 July 2020 Austria
Reporter: Maddie Saghir

Raiffeisenbank has become the first international participant of AIX CSD for the provision of custody services

CIMA revokes administrator licence of Focus Administration
22 July 2020 Grand Cayman
Reporter: Rebecca Delaney

The Cayman Islands Monetary Authority has revoked the full mutual fund administrator licence of Focus Administration

BNY Mellon gets green light on new Saudi Arabia office
21 July 2020 Riyadh
Reporter: Becky Bellamy

BNY Mellon has received authorisation from the Saudi Arabia Capital Market Authority board of commissioners to conduct custody activities in the country

Draft RTS on PRIIPS review did not ‘receive support of a qualified majority’
21 July 2020 Brussels
Reporter: Maddie Saghir

ESAs said they are not in a position to formally submit draft RTS to the European Commission to amend the PRIIPs Delegated Regulation after it did not receive the support of a qualified majority

BNY Mellon makes internal senior CFO appointment
21 July 2020 New York
Reporter: Rebecca Delaney

BNY Mellon has appointed Emily Portney as chief financial officer, effective immediately