bild_7.jpg
Inherent Risks within the Global Custody Chain

 

Working Group Chair:
Andy Smith, BNY Mellon
Sub Working Group
Leaders:
Emma Johnson, Deutsche Bank
Roger Harrold, Alfa Sec
James Greig, White & Case

Scope:
On the occasion of its 6th Symposium in May 1992, ISSA published a Report on Global Custody Risks, addressing various types of risks incurred in the global custody business. Developments over the past 25 years have significantly enlarged the risks inherent in the custody services arena. Hence the ISSA Board mandated a new Working Group to update this document. Rather than best practices, the updated report is an educational reference document.

Milestones:
  • Since February 2017, the report is available to the ISSA Membership as part of the Closed User Group Section.
  • The Operating Committee will discuss the need and added value of continuing the Working Group activities at its Workshop in October 2017.

Report:
  • Inherent Risks within the Global Custody Chain (02/2017) > PDF 1.9 MB

WG Members:
  • Simon Bracken, Citibank
  • Nino Ciganovic, SIX Securities Services
  • Dale Connock, Strate
  • Arnaud Delestienne, Clearstream
  • Josef Landolt, ISSA
  • Karina Loureiro, HSBC Bank plc
  • Irene Mermigidis, Clearstream / Regis-TR
  • Katey Neate, BNY Mellon
  • Stephen Scharf, DTCC
  • Urs Staehli, ISSA
  • Hersh Tegala, Clearstream
  • Richard Thompson, Northern Trust
  • Marc Tibi, BNP Paribas Securities Services

(C) International Securities Services Association / ISSA