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European Commission extends PRIIPS KID requirement by two years
21 November 2018 Brussels
Reporter: Jenna Lomax

The European Commission is set to delay extension to the PRIIPs KID requirement to UCITS funds by two years

Saxo Bank launches new platform
21 November 2018 Denmark
Reporter: Maddie Saghir

Saxo Bank has launched a new platform for investors in Denmark

GTCR combines Ultimus and Gemini Companies
20 November 2018 Cincinnati
Reporter: Jenna Lomax

GTCR, a US private equity firm, has entered into an agreement to separately acquire Ultimus Fund Solutions and Gemini Companies

EFAMA: PRIIPs regulations not fit for purpose
20 November 2018 Brussels
Reporter: Jenna Lomax

PRIIPs are not fit for purpose, according to the EFAMA

MFEX to acquire RBC I&TS’ global fund platform
19 November 2018 London
Reporter: Jenna Lomax

MFEX has signed an agreement with RBC Investor & Treasury Services to acquire RBC I&TS’s Global Fund Platform technology

MUFG hires new independent non-executive director
19 November 2018 New York
Reporter: Maddie Saghir

MUFG has hired a new independent non-executive director to their securities Americas board

BCS obtains transaction banking license
16 November 2018 London
Reporter: Jenna Lomax

The London-based business of BCS Global Markets has obtained a transaction banking license to provide clients with an integrated investment banking and payment services solution

Poste Italiane reappoints BNP Paribas as custodian
16 November 2018 London
Reporter: Becky Butcher

BNP Paribas Securities Services has been reappointed as global and local custodian by Poste Italiane Group

Citi launches direct custody and clearing services in Norway
16 November 2018 Oslo
Reporter: Becky Butcher

Citi has revealed it will start offering its new direct custody and clearing services in Norway from mid-November

FundRock acquires SEB Fund Services
16 November 2018 Luxembourg
Reporter: Becky Butcher

FundRock Management Company has acquired SEB Fund Services

SGX launches new securities settlement system
16 November 2018 Singapore
Reporter: Becky Butcher

The Singapore Exchange will be launching a new securities settlement and depositary framework and system, effective 10 December

HSBC Securities Services appoints Sébastien Danloy
16 November 2018 London
Reporter: Becky Butcher

HSBC Securities Services has hired Sébastien Danloy as global head of its asset owners and managers sector, effective 1 February next year