The acquisition concludes a deal first announced in January 2020, through which Clearstream took ownership of a 51 per cent stake in Fondcenter from UBS
The Polish trade repository quietly cut UK EMIR reporting from its available services after a late-stage deal it had negotiated with an on-shore TR to divert business through as of January fell through weeks before the Brexit deadline
Last month, Clearstream reported December’s assets under custody at €15.1 trillion, a 5 per cent increase on €14.4 trillion which was reported in the same period in 2019
Clearstream has reintroduced its securities offering for international investors in Iceland enabling it to offer its clients the full scope of custody and tax services in Iceland