Portfolio look-through became a requirement in 2016 when Solvency II came into force.
Last summer, following a call for projects to trial a central bank digital currency (CBDC) for financial asset exchanges, France’s central bank, Banque de France, selected several projects to support. Among these was a project led by IZNES which involves a group of companies including CACEIS.
On 23rd June 2016, a majority of British people voted to leave the EU. On 1st January 2021, the effective date of entry into force of the EU-UK Withdrawal Agreement, a lengthy negotiation process was completed which led to the withdrawal of the United Kingdom from the EU and the end of its alignment with Community standards.
CACEIS’ UK business combines the long-standing fund servicing operations of the group with the UK pensions servicing side of the business acquired from Dutch provider, KAS Bank, in 2019. Under Managing Director, Pat Sharman, CACEIS in the UK has developed a strong, collaborative culture, with a close-knit diverse team, working together and supporting each other in a dynamic, fast-paced environment, to better serve clients.
CACEIS News No. 64 - April 2021
The Asset Servicing Journal
- A client-focused business strategy combining technology and service excellence
- BREXIT: CACEIS' governance is up to the challenge
- CACEIS selected by Theoreim to service its first two Real Estate funds
- CACEIS in Spain sponsors and participates in the FundsPeople Custody Forum
- CACEIS enhances its portfolio look-through capabilities
- CACEIS involved with French Central Bank's trial fo digital currency for fund unit settlement
- Enhancements to the OLIS client portal