19 October 2017
Find out more

Euroclear to consult on Chinese depository

21 August 2002  |  5077 views  |  0 Euroclear to consult on Chinese depository

International clearing and settlement agency Euroclear has entered an agreement to provide consultancy services to China Securities Depository & Clearing Corporation (SD&C), the sole national depository for the Shanghai and Shenzhen stock exchanges.

Under the terms of the agreement, Euroclear will assess the competitiveness of China’s operational infrastructure and will make recommendations to help SD&C develop its registration and clearing system. Euroclear will also advise SD&C on how to link with international and other national central securities depositories.

Euroclear says it will conduct a detailed review of the current clearing, settlement, depository and registration practices of SD&C. The results of this research will be applied to international standards for the processing and servicing of securities transactions for both domestic and international users.

Euroclear has previously provided advisory services to Algeria, Egypt, Jordan, Lebanon, Morocco and Tunisia in the Mediterranean region, the Czech Republic, Latvia, Lithuania, Poland and Ukraine in eastern Europe, and Peru and Uruguay in South America.
KeywordsBUY SIDE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Euroclear  and Crest merger approved

Euroclear and Crest merger approved

19 August 2002  |  8935 views  |  0 comments
Euroclear and Crest agree merger

Euroclear and Crest agree merger

04 July 2002  |  10249 views  |  0 comments
Euroclear creates book entry settlement link to Euronext Paris

Euroclear creates book entry settlement link to Euronext Paris

27 June 2002  |  3690 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.com visit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15666 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8829 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7930 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7062 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6191 views comments | 6 tweets | 3 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job