Thomas Murray Data Services talked to Rory St. John Webster, secretary general of The Global Trade Repository Association, about the aims of the association and why it is necessary in the trade reporting space.

KGAL Investment Management, a German-based asset management group, has selected CACEIS as its depositary bank for its eight closed-end funds. The real assets include real estate funds, as well as alternative assets such as renewables and aviation, which amount to a total of €1 billion in assets.

On 22 June 2015, the first markets will migrate to T2S (TARGET2-Securities), the single settlement platform for Europe built by the European Central Bank (ECB). The CSDs (central securities depositories) of Greece, Italy, Malta, Romania and Switzerland will provide to their domestic banks and brokers access to the centralised settlement platform.

The European Commission and other global regulators are assessing the options by which to deal with the failure of a central counterparty clearing house (CCP).

The European Securities and Markets Authority (ESMA) has published a consultation paper outlining options on asset segregation under the Alternative Investment Fund Managers Directive (AIFMD).