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Cecabank Report 2018
Our business model
Lines of business
4 | 4.2
Securities Services is one of Cecabank's main businesses as a provider
of custody and depositary services. The purpose is to contribute to the
optimisation of synergies by the different participants in the ecosystem of
the investment and management of assets, and our vocation is to assist our
clients in their adaptation processes in everything related to the products
over which we exercise our function: equities, fixed income, investment
funds and pension funds, among others.
Cecabank has further experience in everything related to regulation, even
beyond just that which is strictly bank-related. The regulatory wave of recent
years has had a main goal: to unify the rules of collective investment, and
thus increase the participant's protection and the sector's transparency.
Our presence in all national and international specialised forums and our
experience in the market help us provide added value to our clients and keep
a close collaboration with the authorities in implementing the new regulation.
In this respect, the entity is represented in ADEPO (Spanish Group of Pension
Funds and CII Depositaries), the CNMV's Reform Monitoring Committee,
IBERCLEAR's Technical Advisory Committee, BME Clearing Group, the AEB-
CECA Securities Committee and Bank of Spain ECB AMISECO (Advisory Market
Infrastructure Securities and Collateral), ETDF, and EMIG Working Group
on unification of financial transactions, as well as its participation in the
European Savings Banks Group. The CNMV's Clearing, Settlement and Registry
Group also participated.
Securities Services
It is one of Cecabank's main businesses as a provider of custody
and depositary services.
Global
Securities
Solution
Fund
Depositary
Securities
Custody,
Settlement and
Clearing
Futures
Settlement
in Organised
Markets
Cecabank's knowledge of the
regulation enables it to anticipate
the clients' needs