What is a Custodian Bank?
Custodian banks hold customer securities for safekeeping. In this video, Peter briefly covers the responsibilities custodians must fulfil in order to meet the strict regulation requirements.
Overview
Custodian banks hold customer securities for safekeeping and offer other services. The custody business is highly regulated and dominated by a small number of banks.
Key learning objectives:
Explain what a custodian bank is and what they do
Describe how custodian banks are regulated
List examples of custodian banks
Summary
Expert
Peter Eisenhardt
Peter has over 30 years experience working in banking. He has held several senior positions in international investment banks. Peter is now the Secretary General of the International Council of Securities Associations
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