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ISDA: Transition period essential for post-Brexit derivatives trading
21 August 2017
New York

The International Swaps and Derivatives Association has urged UK and EU regulators to implement transitional provisions for derivatives trading after Brexit

SimCorp sees extension of Danish mandate
21 August 2017
Copenhagen

Danish asset manager C WorldWide Asset Management Fondsmæglerselskab has extended its SimCorp Dimension licence agreement to include the Data Warehouse Manager and the SimCorp Coric client communications tool

Northern Trust wins Hong Kong higher education mandate
31 July 2017
Hong Kong

Northern Trust has been selected to provide global custody and other services to The Open University of Hong Kong

US regulators to work together on Volcker Rule
28 July 2017
Washington DC

Five US federal financial regulatory agencies are coordinating the efforts to review the regulatory treatment of certain foreign funds under Section 619 of the Dodd-Frank Act, better known as the Volcker Rule

Citi ceases to restructure
27 July 2017
New York

Citi has announced the end of the restructuring that came as a response to the financial crisis, now the franchise has been “streamlined”, according to the bank’s CEO Michael Corbat

Record-breaking Q2 for State Street
27 July 2017
Boston

State Street recorded record levels of assets under custody and administration, and assets under management in Q2 2017, with the former topping $31 trillion

FCA consults on SMR extension
26 July 2017
London

The UK’s Financial Conduct Authority (FCA) has outlined its proposals for extending the Senior Managers and Certification Regime to almost all regulated financial services firms

UniCredit embarks on test phase for European instant payments
25 July 2017
Milan

UniCredit has started testing EBA Clearing’s instant payment solution RT1, in preparation to roll out instant payments multinationally

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