Investment advisory firms should be able to hold custody of client assets so long as advisory functions are separated from custodial functions, according to the Investment Adviser Association. It’s a ...

With the rise of blockchain technology over the past few years, many people have predicted the end of the need for custodian banks. This is understandable. Among other things, blockchain allows ...

The birth of the Pension Reform Act (PRA), 2004, which introduced the Contributory Pension Scheme (CPS) for both the Public and Private Sector employees, was a direct outcome of the efforts to address ...