DTCC signs collaboration agreement withTaiwanese counterpart
The New York-based Depository Trust & Clearing Corporation (DTCC) and the Taiwan Securities Central Depository (TSCD) have signed an agreement to co-operate in their business activities, including sharing information on risk management.
This will start with the DTCC providing training, advice and information on risk management, custody mutual funds servicing and straight-through processing, said the institutions in a joint statement.
“For DTCC, it is an excellent opportunity to keep on top of developments in the Taiwan market,” said DTCC chief executive Jill Considine.
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