Bericht
The securities custody industry
Custody is, in essence, a service consisting in holding (and normally administering) securities on behalf of third parties. In step with the growth of sophisticated financial markets, custody has evolved into a complex industry no longer characterised by physical safekeeping but by a range of information and banking services. Given the multi-tier structure of the industry, custody services are provided by a variety of intermediaries. This paper describes the development of the custody industry and the structure of the custody services market. It also discusses the risks involved in custody and the challenges the industry is facing, particularly in the European context.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Occasional Paper ; No. 68
- Klassifikation
-
Wirtschaft
International Financial Markets
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Firm Organization and Market Structure
- Thema
-
Custody industry
securities settlement
systemic risk
custodian banks
global custodians.
Wertpapierdepot
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Chan, Diana
Fontan, Florence
Rosati, Simonetta
Russo, Daniela
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Chan, Diana
- Fontan, Florence
- Rosati, Simonetta
- Russo, Daniela
- European Central Bank (ECB)
Entstanden
- 2007