Global professional services provider Suntera Global has been granted a licence to provide fund administration services in Jersey to boost its international funds proposition
The initiative is set to enhance the experience for asset owner clients that invest in complex private markets and unlisted assets
“The investment from Cyberport is a great vote of confidence given their track record in backing and developing major unicorns within the industry," says Hex Trust's CEO Alessio Quaglini
The FCA guidelines build on rules introduced in December 2020, applicable to the most prominent listed commercial companies in the UK, which uphold many of the recommendations of the Taskforce on climate-related financial disclosures
Ocorian explains that the transaction reflects its strategy to further build its capital markets offering
EquityClear is LCH’s UK-registered equities clearing service, with connectivity to 16 trade venues and 19 Central Securities Depositories (CSDs) across Europe
The partnership will enable market participants to benefit from minimising transfer costs, settlement failures and cash trapped in transit while optimising liquidity via tokenisation solutions
The data reveals that banks of all types have seen their credit quality decline with the largest shift being in Latin American banks, as seen by a 14:1 ratio showing far more deterioration than improvement
