GSS Newsletter September 2016 - Issue 185

SEPTEMBER 2016 - ISSUE 185

 

Dear Clients, Partners and Friends,

September is SIBOS time. As we prepare for our meetings in Switzerland, our primary focus is with the philosophical question of choosing one of our many unique selling propositions which will stand out in an increasingly standardised environment.

The cost of services is determined to grow with the additional staff and systems needed to meet regulatory requirements however it’s a delicate balancing act in trying to pass these costs along, if at all. Technical, as well as basic service standards are pretty much the same across all competitors; it’s only a small portion of each individual provider’s package which makes them stand out and, in this regard, the differentiator has to be worth the extra cost.

Filtering out many other influencing factors, we can certainly point to the fact that, thanks in no small part to our dedication to our markets and our people, it’s the high level of service quality, strong local presence and flexibility which our clients feel most comfortable with.

We will be happy to share more about our plans when we meet in Geneva soon!

Sven Trahan
Head of Global Sales & Relationship Management GSS

 
 

HIGHLIGHTS

 

Busy summertime for regulators
A summary of the items still to be solved on t...
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Sharing data
The Ukrainian NSSMC provides access to public ...
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Simplified procedure
The NSD presented first results of the Corpora...
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Closing up to CSDR
Will the amended CIT law affect income receive...
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GSS Navigator: Zagreb
Culture and heritage fully interweaving in one...
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NEWS

Russia
The withholding tax rate on coupon payments from Russian corporate bonds has been reduced
Read more

Hungary
Turbo warrants on the BUX are available again for investors on Budapest Stock Exchange
Read more

Czech Republic
The Czech National Bank assumes that market interest rates will remain at their current very low level
Read more

Bulgaria
According to the latest stress test, the Bulgarian banking system is resistant to external shocks
Read more

Serbia
Serbia’s Securities Commission adopted a new Rulebook on the supervision it is carrying out
Read more

Czech Republic
CDCP Prague unifies entitlement and claim compensation for income from foreign securities
Read more

 

NEWS

Russia
The withholding tax rate on coupon payments from Russian corporate bonds has been reduced
Read more

Hungary
Turbo warrants on the BUX are available again for investors on Budapest Stock Exchange
Read more

Czech Republic
The Czech National Bank assumes that market interest rates will remain at their current very low level
Read more

Bulgaria
According to the latest stress test, the Bulgarian banking system is resistant to external shocks
Read more

Serbia
Serbia’s Securities Commission adopted a new Rulebook on the supervision it is carrying out
Read more

Czech Republic
CDCP Prague unifies entitlement and claim compensation for income from foreign securities
Read more

MARKET STATISTICS

Austria Bosnia and Herzegovina Bulgaria Croatia Czech Republic Hungary Romania Russia Serbia Slovakia Slovenia