BNP Paribas beefs up NZX credentials as depositary participant

Thu, 11 Apr 2019

By Paul McBeth April 11 (BusinessDesk) - BNP Paribas has expanded its local credentials, becoming the first global custodian to join NZX Clearing Depository. NZX today accredited the Australian branch of the French bank as a depository participant. Its Singapore branch was an early starter on the local stock market's derivatives operation, and is already a clearing participant. "The NZX depository access aligns with our augmented custody programme which aims to increase process automation and achieve faster corporate actions and inco...

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