Dupuy will lead INDOS Financial’s outsourced AML officer team with responsibility for the team which provides AML officers to funds domiciled in the Cayman Islands, Ireland and Luxembourg
Apex will support the company’s operations in Hungary and provide corporate and business services including registered office, accounting, compliance and regulatory support
“We have built an extensive knowledge of AJ Bell and its architecture, people, and processes, which helps to make the platform such an overwhelming success for advisers and end investors alike," says David Simpson
“I look forward to collaborating with my fellow members on cutting edge issues that are driving the securities servicing industry," comments Jessica Hynes
Digital money in the UK considered to be systemic are those that have the potential to scale up and become widely used as a trusted form of sterling-based retail payments
The task force aims to identify potential synergies between the digital token identifier and the international securities identification numbers
The new division will build on State Street’s current digital capabilities and will expand to include crypto, central bank digital currency, blockchain, and tokenisation.
The opening up of the market to international custodians has since created more options for domestic mutual and private funds