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UK finally triggers Brexit
29 March 2017 London
Reporter: Mark Dugdale

The UK has officially pulled the trigger on Article 50 and commenced the two-year negotiation process that will end in its exit from the EU

Deutsche Börse-LSEG merger blocked
29 March 2017 Frankfurt
Reporter: Stephanie Palmer

The European Commission has prohibited the merger, saying it would cause a “de facto monopoly”, and that the proposed measures to counter this were not enough

ETF servicing mandate for Citi
29 March 2017 Cleveland, Ohio
Reporter: Stephanie Palmer

Citi has been appointed to provide ETF services to Cleveland-based boutique asset manager Victory Capital

BNP Paribas wins global custody mandate
28 March 2017 Milan
Reporter: Stephanie Palmer

Banco di Desio e della Brianza, part of Gruppo Banco Desio, has selected BNP Paribas Securities Services to provide global custody for €11 billion in Italian and foreign assets

Singapore and France team up for fintech
28 March 2017 Singapore
Reporter: Mark Dugdale

The French and Singapore regulators will share information on emerging fintech trends and regulatory issues pertaining to innovation in financial services

Kas Bank secures LGPS reporting mandate
28 March 2017 London
Reporter: Mark Dugdale

The custodian and fund administrator was appointed by Norfolk County Council, whose framework will be used to provide performance monitoring services to all 89 LGPS funds

Legal and compliance whizz joins FundRock
27 March 2017 Dublin
Reporter: Stephanie Palmer

FundRock has appointed Louise Harris as head of legal and compliance for its Irish branch

Deutsche Bank plans new HQ in London
27 March 2017 London
Reporter: Mark Dugdale

Deutsche Bank has signalled its commitment to staying in the UK post-Brexit by entering into negotiations over a new headquarters in London

R3 gains first state-level regulator
24 March 2017 Illinois
Reporter: Katherine Brown

The Illinois Department of Financial and Professional Regulation has become the first state-level regulator to join R3’s distributed ledger group

Wolters Kluwer wins reporting mandate
24 March 2017 Moscow
Reporter: Stephanie Palmer

Nordea Bank Russia is set to go live with the Wolters Kluwer OneSumX Risk and Management Information Systems reporting solution

Thélem trims custody counterparties
23 March 2017 Paris
Reporter: Mark Dugdale

Thélem Assurances awarded the mandate to CACEIS after deciding to simplify its custodian relationships, according to CFO Benoit Jullien

SEC to move US to T+2
23 March 2017 Washington DC
Reporter: Drew Nicol

Members of the SEC’s industry steering committee, including DTCC and SIFMA, were quick to praise the commission on the amendment