DTCC opens Dublin office 05 March 2019Dublin Reporter: Becky Butcher
Image: Shutterstock
The Depository Trust & Clearing Corporation (DTCC) has opened its new office in Dublin, Ireland.
On 1 March, the European Securities and Markets Authority (ESMA) registered DTCC Data Repository (Ireland) as a trade repository, under the European Market Infrastructure Regulation (EMIR).
The registration comes in response to a possible no-deal Brexit.
Mark Wetjen, managing director, head of global public policy, DTCC and chairman of the board, DTCC Deriv/SERV, said: “Yesterday, DTCC extended its presence in Europe by officially opening a new office in Dublin, ahead of the UK’s expected withdrawal from the EU.”
He added: “I’d like to express DTCC’s thanks to the Irish Government and IDA Ireland for their support, and to say that our team looks forward to working with the local business community.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 