All posts tagged "Custodians"
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186Australia & NZASX to Streamline Transfers to CHESS Subregister
ASX will remove a requirement for settlement-only participants to receive and provide a registrable transfer document for transfers, but will require validation checks.
September 2, 2019 -
1.1KAsia-PacificEU Shareholder Rights Directive – It’s Time for APAC Firms to Act
Though a European regulation, SRD II will directly impact Asian intermediaries and hundreds of billions of euros in assets held by APAC investors, says Demi Derem at Broadridge.
August 26, 2019 -
282Australia & NZFMA Consults on Exemptions for New Financial Advice Regime
The FMA considers that it may be useful to continue existing exemption relief for Australian licensees and advisers already meeting ASIC requirements.
August 19, 2019 -
510Capital RegulationCBIRC Issues New Rules to Raise Transparency on Bank Ownership
By end-June 2020, all banks must provide the complete and accurate register of their shareholders to custodian institutions who will manage the register moving forward.
July 26, 2019 -
637IndiaNSE Clearing Retains Dominance as Interoperability Kicks In – Report
Trading members and custodians have largely selected NSE Clearing over ICCL to settle trades in the equity cash segment following the introduction of clearing corporation interoperability.
July 25, 2019 -
705ChinaCSRC Allows Funds to Engage in Securities Lending
Certain funds can lend stocks to the state-owned China Securities Finance Corp, which can then lend to brokers, who facilitate investor short selling.
June 27, 2019 -
538AML / KYCMAS Consults on Proposed Framework for Variable Capital Companies
The proposals include an AML/CFT framework for VCCs requiring them to engage an eligible financial institution to perform the necessary checks.
May 2, 2019 -
914InternationalLeading Dealers Adopt DTCC-Euroclear Collateral Management Utility
The Margin Transit Utility provides straight-through-processing and centralised communications and settlement instructions for collateral transfer.
March 27, 2019 -
762AML / KYCSEBI’s Meets Opposition from Global Funds on KYC Requirements
Global asset managers have opposed SEBI’s plan to create a centralised database of beneficial owners of foreign portfolio investors.
March 12, 2019 -
527India
SEBI Moves to Lower Trading Costs for Investors
Fees SEBI charges to brokers, stock exchanges and companies seeking to list will be reduced, among other changes aimed at spurring capital market activity.
March 5, 2019
