Compliance
Custodian Bank
A financial institution that holds customers’ securities for safekeeping to prevent them from being lost or stolen.
What is a custodian bank?
A custodian bank is a financial institution responsible for safeguarding a family’s securities and assets, ensuring they are protected from loss or theft. In the context of family offices, custodian banks play a crucial role in managing and securing the family’s investment portfolio, providing peace of mind and operational efficiency.
Related Terms
Custodial Services
Safekeeping of securities by a financial institution on behalf of clients, including settlement, reporting, and complian...
ViewGlobal Custody
A service where a financial institution holds securities for clients in multiple jurisdictions, handling settlement, rep...
ViewCompliance
Adhering to laws, regulations, guidelines, and specifications relevant to the family office’s operations.
ViewAsset Management
The direction of a client’s cash and securities by a financial services company, usually an investment bank.
ViewRegulatory Compliance
Adherence to laws, regulations, guidelines, and specifications relevant to business processes, ensuring legal operation.
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