Clearstream Mandates Bnp Paribas Securities Services As Its Local Sub-Custodian in Australia and New Zealand
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XX December 2020, London, Luxembourg PRESS RELEASE CLEARSTREAM MANDATES BNP PARIBAS SECURITIES SERVICES AS ITS LOCAL SUB-CUSTODIAN IN AUSTRALIA AND NEW ZEALAND Clearstream, Deutsche Börse’s post-trade services provider, has mandated BNP Paribas Securities Services to provide local sub-custody services in Australia and New Zealand. This mandate further extends the relationship between Clearstream and BNP Paribas Securities Services, which already includes local clearing and custody across the Euronext and Turkish markets. By adding BNP Paribas Securities Services as local sub-custodian, Clearstream will continue to provide services in Australia and New Zealand, as part of its international network, through which market participants have access to investment opportunities across 58 markets worldwide. Via its Clearstream Australia subsidiary, international and domestic investors also receive support and access to Australian and international investment funds. Samuel Riley, Head of Investor Services & Financing at Clearstream, said: “We are delighted to partner with BNP Paribas Securities Services as our new sub-custodian in Australia and New Zealand. This important step further cements Clearstream’s position in the APAC region to enable safe and efficient investment opportunities, driving the growth of the domestic capital markets. “Together with our recently opened Clearstream Australia subsidiary, this new partnership gives us the best conditions to serve our local customers and international customers investing in this thriving region. We look forward to this joint undertaking.” Luc Renard, Head of Financial Intermediaries Client Line and Digital Transformation APAC at BNP Paribas Securities Services, commented: “We are delighted to expand our relationship with Clearstream in the Asia-Pacific region. The alignment between our firms’ ambitions in Australia and New Zealand together with our innovative digital solutions will enable us to develop new custody models to meet our clients’ changing needs in these innovative markets. We are looking forward to working with Clearstream in defining and delivering new initiatives.” -Ends- Press Contacts Caroline Lumley [email protected] +44 (0)20 7410 4650 Tabea Behr [email protected] +49 (0)69 211 130 16 BNP Paribas Securities Services on Twitter - @BNPP2S About BNP Paribas Securities Services (www.securities.bnpparibas.com) BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide. The information contained within this document (‘information’) is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services’ judgment and are subject to change without notice. BNP Paribas Securities Services and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request. BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the European Central Bank (ECB), the ACPR (Autorité de Contrôle Prudentiel et de Résolution ) and the AMF (Autorité des Marchés Financiers). BNP Paribas Securities Services London Branch is lead supervised by the European Central Bank (ECB) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). BNP Paribas Securities Services London Branch is authorised by the ECB, the ACPR and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request. BNP Paribas Securities Services London Branch is registered in England and Wales under number FC023666. Registered office in the UK: 10 Harewood Avenue, London NW1 6AA. In the U.S., BNP Paribas Securities Services is a business line of BNP Paribas which is incorporated in France with limited liability. Services provided under this business line, including the services described in this document, if offered in the U.S., are offered through BNP Paribas, New York Branch (which is duly authorized and licensed by the State of New York Department of Financial Services); if a securities product, through BNP Paribas Securities Corp. which is a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC and the Financial Industry Regulatory Authority; or if a futures product through BNP Paribas Securities Corp., a Futures Commission Merchant registered with the Commodities Futures Trading Commission and a member of the National Futures Association. About Clearstream (www.clearstream.com) As an international central securities depository (ICSD), headquartered in Luxembourg, Clearstream, which is part of Deutsche Börse Group, provides the post-trade infrastructure for the Eurobond market and services for securities from 58 domestic markets worldwide. With 15 trillion Euros in assets under custody, Clearstream is one of the world’s largest settlement and custody firms for domestic and international securities. .