Euroclear Belgium has announced the launch of Capitrack, a service offered to securities issuers that are obliged to adapt to the new Belgian securities dematerialisation law aimed at removing physical securities from the Belgian capital market. As of 1 January 2008, it will no longer be possible to issue and deliver bearer securities in physical form within Belgium. All outstanding bearer securities will gradually be dematerialised. Capitrack is a service designed specially for issuers, allowing them to easily monitor the dematerialisation process of their issued securities. According to Euroclear, it gives issuers a complete view, at any time, of the proportion of these securities in various forms (bearer, dematerialised and nominative). Euroclear Belgium’s first dematerialisation service agreement was signed with the REIT (Sicafi) Retail Estates, a Belgian company investing in shopping premises located on the periphery of cities and along the approach roads to urban centres in Belgium and Luxembourg.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more