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Deutsche Boerse releases digital post-trade platform
06 October 2021 Germany
Reporter: Bob Currie

D7 platform targets end-to-end digital securities processing, with over 80% of German ISINs expected to be digitisable via the platform by mid-2022

DTCC argues for extension of central clearing in US treasury markets
05 October 2021 US
Reporter: Bob Currie

FICC, the DTCC subsidiary, argues that central clearing provides widespread benefits to the US Treasury market, including lower credit risk and settlement risk, improved liquidity and market access, and a more orderly system for liquidating positions

Central Bank of Ireland fines Sarasin for four investment breaches
05 October 2021 Ireland
Reporter: Jenna Lomax

While conducting the merger of two funds, which were managed by SFMIL’s appointed investment manager, SFMIL deliberately breached certain investment concentration restrictions

ALFI: Almost all client meetings have ESG on the agenda
05 October 2021 Luxembourg
Reporter: Jenna Lomax

The majority of client meetings have ESG on the agenda, affirmed Carlo Funk Europe, Middle East, Africa head of ESG investment strategy at State Street Global Advisors, speaking at this year’s ALFI Digi Pulse US Virtual Conference

SteelEye appoints president to its new US arm
05 October 2021 US
Reporter: Jenna Lomax

Based in New York, Lynch will be responsible for SteelEye’s US footprint, leading the firm’s commercial expansion in the North American market

Bitpanda and Fabrick join forces to enhance Italian digital assets trading
05 October 2021 Italy
Reporter: Jenna Lomax

The partnership will allow Fabrick’s customers access to a portfolio of more than 170 digital assets through access to Bitpanda’s White Label solution

Northern Trust bolsters asset servicing strategic team
05 October 2021 UK
Reporter: Jenna Lomax

Northern Trust has appointed Gary Paulin as head of global strategic solutions for its asset servicing business

TNS expands Managed Hosting solution
05 October 2021
Reporter: Jenna Lomax

Transaction Network Services is expanding its managed hosting solution, adding Euronext’s Bergamo datacentre to its global network

Citi gains custody mandate from BEA Union Investment
05 October 2021 Hong Kong
Reporter: Maddie Saghir

Citi has been appointed by BEA Union Investment Management as fund custodian and administrator for its first mutual fund restructure comprising five funds into an open-ended fund company structure

Clearstream opens new link to Serbian capital market
04 October 2021 Serbia
Reporter: Maddie Saghir

Raiffeisen Bank International will act as local custodian and operator of Clearstream’s account at the Serbian central securities depository

EXCLUSIVE: SEC proposes amendments to Form N-PX under Investment Company Act
04 October 2021 US
Reporter: Jenna Lomax

The Securities and Exchange Commission is proposing to amend Form N-PX under the Investment Company Act of 1940 to enhance the information mutual funds and exchange-traded funds currently report annually regarding their proxy votes

Stuart Winny leaves Citibank for BNY Mellon
04 October 2021 UK
Reporter: Jenna Lomax

Winny has moved to BNY Mellon to take up the role of director and head of tax product development for custody and fund services