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Dear Clients, Partners and Friends,
Simplifying business procedures in traditionally bureaucratic environments is a clear sign of maturing markets. This indicates strong regulatory development - an area we specialise in, both through our on-site lobbying efforts and through our immediate reporting.
Official bodies such as central banks and depositories often take the lead in pushing things forward especially in the interest of (foreign) investors. It is refreshing to see how they translate their market proximity into well-wrought action.
In this month’s issue alone we present three examples of red tape cutting, two from Russia and one from Kazakhstan, all of which aim at diminishing hurdles from daily processes. We are looking forward to seeing more action down the road!
Susanna Scheffold
Global Head of Securities Services
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