Transcription of The Custody Services of Banks - Davis Polk & Wardwell
{{id}} {{{paragraph}}}
Example: air traffic controller
The Custody Services of Banks - Davis Polk & Wardwell
The Custody Services of BanksJuly 2016iTHE Custody Services OF BANKSP refaceThis white paper seeks to (i) describe the Services provided by banking organizations with regard to the provision of Custody and related Services on a global scale; (ii) distinguish the Services provided by custodians from the Services provided by other entities in the multi-tiered system for safekeeping, clearing and settling securities; (iii) describe how the balance sheets and risk profiles of Custody businesses differ from those of other banking activities; and (iv) clarify certain misconceptions regarding the risks presented by the Custody and related Services . As international and national regulatory bodies continue to increase their focus on macroprudential supervision, The Clearing House believes that it is important to ensure that all supervisory policies, tools and regulatory frameworks, including those that apply to Custody businesses and the institutions that engage in them, appropriately reflect the particular risks they are intended to address.
Jul 28, 2016 · services to investors—broadly characterized as the safekeeping and servicing of an investor’s assets—and in this respect plays a critical role in helping investors to build and maintain wealth. Bank-chartered custodians2* provide asset safekeeping and other related custody services to large institutional investors,
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: