Asset Servicing

Investors Wide
Northern Trust lands $29bn Costco mandate
Northern Trust has been appointed as the asset servicer for the US$29 billion retirement plan for US-based retailer Costco.
Commerzbank crypto license in germany
Commerzbank gets crypto custody licence in Germany
Germany’s banking regulator BaFin has issued a crypto custody licence to Commerzbank, making it the first full-service bank to have such a licence in Germany.
Women office
Women in Asset Servicing group launches in Luxembourg
The peer network Women in Asset Servicing (WiAS) has launched a Luxembourg chapter, marking the group’s first expansion beyond the UK.

Digital Assets

Tokenisation survey more industry collaboration A lack of industry collaboration is holding back the issuance of digital assets in the UK, according to research.

The International Organization of Securities Commissions (Iosco) has published a series of policy recommendations for regulators looking to supervise crypto and digital assets.