Lloyds Finance Group’s Banking Practice Group, working with colleagues in other practice areas, advises financial institutions acting as global custodians, local custodians of all types, and sub-custodians on securities and cash held in cross-border custody for institutional investors, including mutual funds, pension funds, insurance companies, corporate trusts and governments.

We advise custodians on all issues relating to the:

• safe custody of assets
• clearance and settlement of trades
• collection of income
• settlement of transactions
• matters arising out of custody-related securities services and taxation

Also reviewing issues of liability, efficiency and credit risk, the Banking Practice Group provides a full range of advice regarding cross-border and global custody arrangements to ensure compliance with applicable securities laws and other regulatory regimes affecting assets held in foreign custody.

How to proceed
In order to proceed, please contact our offices to receive information about required paperwork and details.