SWITZERLAND - Custodian KAS Bank has finalised a direct connection to the Swiss central securities system SIS (SegaInterSettle).
This enables KAS Bank to process its settlement and custody services directly within the Swiss infrastructure.
In May this year KAS will become general clearing member for the Virt-X market in line with the implementation of the central counterparty.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.