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Norway's dealers say "wait and see" on T2S


08 December 2011 Oslo
Reporter: Anna Reitman

The Norwegian Securities Dealers Association has recommended that VPS, Norway's CSD, refrain from signing the T2S framework agreement, according to SEB Bank which released a translation of the consultation document...
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DTCC makes CBRS regulatory enhancements


08 December 2011 New York
Reporter: Anna Reitman

DTCC is helping customers comply with US cost basis reporting regulations for mutual fund assets with a secure and automated standard for transferring data between financial intermediaries...
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Australian fund picks State Street as custodian


08 December 2011 Sydney
Reporter: Anna Reitman

State Street has announced it is appointed by Sunsuper as custodian to provide administration services including unit pricing, compliance monitoring, performance and alternative asset reporting, among other services...
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BNY Mellon gets Touchstone mutual fund mandate


08 December 2011 New York
Reporter: Anna Reitman

BNY Mellon has announced its selection by Touchstone Investments to provide mutual fund accounting and administration, transfer agency and "blue sky" services...
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Russia's NSD announces committee chairs


05 December 2011 Moscow
Reporter: Anna Reitman

Russia's National Settlement Depository (NSD) has announced the election of Tatiana Chepeleva as chairwoman of NSD's committee of settlement and depository operations and tariffs...
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State Street wins Luxembourg UCITS feeder fund mandate


05 December 2011 London
Reporter: Anna Reitman

State Street has announced its appointment by Fundsmith to provide fund administration, shareholder services, and custody for its new SICAV UCITS IV feeder fund in Luxembourg, building on a year-long relationship...
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DST wins bid for South African bank


05 December 2011 London
Reporter: Anna Reitman

DST Global Solutions has announced that First National Bank (FNB) Custody and Trustee Services has gone live with its HiPortfolio solution for investment accounting and asset servicing, scrapping its in-house system....
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J.P. Morgan adds prime custody to PB offering


01 December 2011 London
Reporter: Anna Reitman

J.P. Morgan has announced the expansion of its Prime Custody service to hedge fund clients of its European Prime Brokerage business through a fully integrated platform...
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BNY Mellon gets global custodian mandate from CCB


01 December 2011 Shanghai
Reporter: Anna Reitman

BNY Mellon has been selected by China Construction Bank (CCB) as the global custodian for a new qualified domestic institutional investor (QDII) fund in China launched by Fortune SG...