DCC Participated in Global Custody Forum
OREANDA-NEWS. December 16, 2010. Depository Clearing Company (DCC) participated in the Global Custody Forum which was held on November 30 - December 01, 2010 in London.
Global Custody Forum has been held annually since 1989 and is one of the most important events on the global financial market. The conference was organized by IIR Ltd. and Thomas Murray international rating agency. This year the conference was attended by over 200 representatives of global custodians and major investment companies from 20 countries.
Among the issues brought up at the forum were the current problems and development trends of the custody services market. The topics of special interest included custody business in the post-crisis environment, risk management and monitoring, EU legislative initiatives and implementation of the Pan European T2S settlement platform.
Representatives of DCC took an active part in the discussions and held several meetings with foreign banks and global custodians to discuss further cooperation and reach a number of agreements.
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