All Securities Services articles – Page 5
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News
BNY Mellon fined £126m in UK for failure to protect custody assets
Firm fined over failure to comply with UK regulator’s rules for custodians for six years
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Country Report
Mandate roundup: PPF, Northern Trust, BlackRock, Morgan Pension Scheme
Pension Protection Fund appoints Northern Trust to provide global custody, securities lending services
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News
Automation to facilitate buy-side empowerment, liquidity – Euronext
Regulation also seen as major driver behind changing trading environment for institutional investors
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News
Westminster replaces BNY Mellon as custodian after joint tender with London fund
Westminster selects new custodian after joint tender with Hammersmith and Fulham, with mandate covering £1.7bn in assets
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Special Report
Special Report - Securities Services: In transition
The transition management industry has had its knuckles rapped by regulators over recent months. But as Emma Cusworth reports, clients have an obligation to understand the service thoroughly, too
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Special Report
Special Report - Securities Services: Without a TRACE
Lorraine White urges governments and pension funds to adopt the OECD’s Tax Relief and Compliance Enhancement system (TRACE), in order to introduce a more efficient relief-at-source model to international withholding tax
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Special Report
Special Report - Securities Services: Strained relations
A wave of regulation is putting pressure on custodians’ resources across the board – including client relations. Iain Morse notes that R&M’s latest annual Global Custody survey found an unprecedented decline in client satisfaction, with the burden of meeting regulatory requirements seen as the main reason
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Special Report
Special Report - Securities Services: Reporting progress
While most counterparties have managed to submit their OTC trades to authorised repositories under new reporting rules, Susan Hinko and David White note that it remains unclear who has traded with whom
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Special Report
Special Report - Securities Services: The optimisation opportunity
Collateral optimisation presents an opportunity for the buy-side to take advantage of the collateral shortfall, says Matthieu Baudoin
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Special Report
Special Report - Securities Services: Minority report
As deadlines for mandatory reporting of OTC derivative trades under EU rules pass, Daniel Ben-Ami finds a fair amount of confusion and evidence of non-compliance
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Special Report
Special Report - Securities Services: In time, every time
Ido de Geus outlines what pension funds and their service providers need to do to ensure they are ready for the collateral-hungry regulatory environment that awaits them in a few months’ time
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Special Report
Special Report - Securities Services: Margin of error
It’s tough making an honest euro in custody banking. Users of these services might be forgiven for thinking that wherever banks can bury sharp practices in obscure parts of their businesses, they will – and the findings of the UK finance regulator’s recent investigation into transition management won’t put their minds at rest.
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Special Report
Special Report - Securities Services: The custodian cornerstone
As the UK continues its discussion of ‘Dutch-style’ collective DC schemes, Carl Giannotta examines changes in the securities services landscape in the Netherlands and how custodians can support such collective schemes across both sides of the North Sea
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Special Report
Special Report - Securities Services: Collateral transformations
Is the securities services industry betting on a new set of complex solutions to a collateral management problem that might never materialise? Brian Bollen investigates
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News
Mandate roundup: Pension Protection Fund, ECB
UK lifeboat scheme to appoint global custodian over next 12 months
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News
Swiss asset management costs 'don't paint whole picture', experts warn
Pensionskassen pay 0.42% of managed assets in fees, according to ASIP survey
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News
Douwe Egberts scheme aims at risk for return
Pension fund is assessing introduction of dynamic asset allocation
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News
UK local government funds appoint to custodian framework
Norfolk, Suffolk, Hackney use global custodian framework agreement to appoint HSBC Securities to £5.2bn asset mandate
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News
Norwegian oil fund opts for Citi as global custodian
Citi to be sole provider for $850bn fund in largest mandate of its kind
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News
Experts predict massive job losses for Dutch pensions industry
Ongoing pension fund consolidation ‘certain’ to hit consultants, asset managers and professional trustees