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BlackRock reports revenue increase for Q2
20 July 2020 New York
Reporter: Rebecca Delaney

BlackRock has reported a year-on-year revenue increase of 4 percent and a 17 percent growth in technology services revenue for Q2

State Street reports small YoY increase in assets under custody for Q2
17 July 2020 Boston
Reporter: Rebecca Delaney

State Street’s investment servicing of assets under custody and/or administration increased by 2 percent compared to Q2 2019 to $33.5 trillion, according to newly published Q2 2020 figures

Euroclear reports €31.1 trillion AUC for H1 2020
17 July 2020 Brussels
Reporter: Rebecca Delaney

Euroclear’s assets under custody reached €31.1 trillion at the end of June, representing a year-on-year increase of 3.7 percent

Jersey passes limited partnerships amendment
17 July 2020 St Helier
Reporter: Rebecca Delaney

Jersey Finance has welcomed an amendment to the Limited Partnership Jersey Law to improve the ease in which managers can migrate limited partnership fund structures to the jurisdiction

ESMA publishes first MiFIR review reports
17 July 2020 Paris
Reporter: Rebecca Delaney

The European Securities and Markets Authority has published its first two review reports on the Markets in Financial Instruments Regulation transparency regime

Ultimus appoints names new CFO
16 July 2020 Cincinnati
Reporter: Maddie Saghir

Ultimus Fund Solution, a provider of full-service fund administration, accounting, and investor solutions, has appointed Michael K. Neborak as executive vice president and chief financial officer (CFO)

BNP Paribas shows support for new fund information platform
16 July 2020 Paris
Reporter: Maddie Saghir

Ffyn is also gaining strong industry support with 53 asset managers and investors signed up to the platform.

Euronext gets Danish approval for VP Securities acquisition
16 July 2020 Amsterdam
Reporter: Natalie Turner

Euronext has clearance from the Danish Financial Supervisory Authority to acquire all of VP Securities

Guernsey targets investment funds growth
16 July 2020 Guernsey
Reporter: Maddie Saghir

Guernsey’s Private Investment Fund has launched a new consultation between the island’s funds industry and regulator to consider widening formation options for the popular regime

Hong Kong welcomes Limited Partnership Fund Bill
16 July 2020 Hong Kong
Reporter: Maddie Saghir

The new ordinance establishes a limited partnership fund regime which enables funds to be registered in the form of limited partnerships in Hong Kong

Citi wins global custody mandate from MUFG Luxembourg
16 July 2020 London
Reporter: Maddie Saghir

Citi has been appointed as the global custody solutions provider for Mitsubishi UFJ Investor Services & Banking Luxembourg, resulting in the transfer of approximately $630 billion of assets onto Citi’s platform

EC reveals UK plans for MiFID framework post Brexit
15 July 2020 Brussels
Reporter: Maddie Saghir

During the transition period, the EC explained that the EU and the UK will negotiate an agreement on a new partnership