Since 5 August 2009, the German Debenture Act (Gesetz ueber Schuldverschreibungen aus Gesamtemissionen (Schuldverschreibungs-gesetz-SchVG)) provides for the appointment of a common, or joint, representative (Gemeinsamer Vertreter) to act as an intermediary between bondholders and issuers on all new debt issuances which are subject to German law. The purpose of the Act is to facilitate interaction between issuers and their bondholders.
Recognising the changing needs of the market, Deutsche Bank says it is leveraging its expertise in the provision of trustee and paying agent services for international bond and note issues to offer independent third party common representative services on German debt issues. Staff providing the service will be based in Frankfurt and London and speak both German and English.
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