The landscape for custodians and sub-custodians is about to alter dramatically, thanks in no small part to the Alternative Investment Fund Managers Directive, which will make global custodians liable for the actions of their sub-custodians, leading to uncertainty over risk pricing and the future role of sub-custodians.
Latest articles from Jane Cooper
Custodians grapple with new demands
October 1, 2012The landscape for custodians and sub-custodians is about to alter dramatically, thanks in no small part to the Alternative Investment Fund Managers Directive, which will make global custodians liable for the actions of their sub-custodians, leading to uncertainty over risk pricing and the future role of sub-custodians.
After Europe's withdrawal: the reshaping of Asian trade finance
October 1, 2012The effects of the European retreat from trade finance in Asia are now apparent as a number of players are stepping in and new trade patterns are taking shape.
Offshore renminbi spreads beyond Hong Kong
October 1, 2012Hong Kong is the world’s offshore centre for the renminbi, and now other international centres are joining the Chinese currency’s path to internationalisation. But as additional pools of liquidity are being created, will the new centres dilute the existing offshore liquidity and create separate puddles rather than one large pool?
Japan’s top banks hold steady
September 3, 2012The leading Japanese banks have performed solidly over the past year, showing an impressive resilience in the aftermath of the earthquake and tsunami that devastated the country in March 2011. However, return-on-asset levels are still worryingly low.
A global awakening to the importance of good discipline
September 3, 2012Financial and macroeconomic stability will be achieved through monetary, fiscal and market discipline, but only when important structural imbalances in major developed economies have been corrected.
Asia’s missing link: how Myanmar could complete the Asean picture
September 3, 2012As Myanmar is welcomed back into the international fold, the implications for the Association of South-east Asian Nations, and Asia as a whole, could be huge if the country's economic and logistical potential is delivered upon.
Hong Kong toughens up IPO rules
August 27, 2012Hong Kong has seen a boom in initial public offerings in recent years, and now the country's Securities and Futures Commission is aiming to crack down on lax due diligence and introduce a stricter code of conduct for sponsoring banks.
A micro climate: why microfinance is big news in Indonesia
August 1, 2012With an emphasis on customer-centric services and products, Indonesia’s microfinance sector is proving to be extremely lucrative, not only for the banks involved, but also for the country’s large population and growing economy.
Wallet wars: mobile payment systems fight for critical mass
August 1, 2012The battle to persuade customers to ditch their traditional wallets in favour of a digitised version on their mobile phone has stepped up a notch in the past few months, with big technology and internet companies threatening the territory of the more familiar payment brands. Jane Cooper looks at who is making the early running in this war of the wallets.