18 December 2017
visit www.ebaday.com

Euroclear to consult on Chinese depository

21 August 2002  |  5090 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  |  8959 views  |  0 comments
Euroclear and Crest agree merger

Euroclear and Crest agree merger

04 July 2002  |  10284 views  |  0 comments
Euroclear creates book entry settlement link to Euronext Paris

Euroclear creates book entry settlement link to Euronext Paris

27 June 2002  |  3714 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit http://cib.db.comvisit www.aciworldwide.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11288 views comments | 3 tweets | 3 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
10267 views comments | 21 tweets | 24 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7793 views comments | 19 tweets | 22 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7506 views comments | 5 tweets | 11 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7434 views comments | 6 tweets | 26 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job