regulatory changes

Custody

The great data challenge

The challenge: combine investment data with member-specific details and present the particular information in a way that satisfies the needs of regulators, internal auditors and accountants. Currently, super funds have to collect around 900 data items on a regular basis to satisfy the needs of the Australian Prudential Regulation Authority (APRA). With effect from July, […]
Investment Strategy

Third strike for BNP Paribas Securities Services

BNP Paribas Securities Services’ local custody and settlement services has added its third client since its launch in May, winning the business of EFG Bank, a Zurich-headquartered global private bank. EFG Bank has appointed BNP Paribas as both its global and local custodian in four markets covered by the group’s 23 branches around the world. […]
Investment Strategy

Tria: super funds
must change

Superannuation funds are under pressure as investor behaviour changes, particularly because of technology, says Andrew Baker, managing partner at asset management consultants Tria Investment Partners. “Business models of super funds are under a lot of pressure and the degree to which they are has probably been underestimated,” says Baker. “Regulatory changes and markets have been […]