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
Asset Management
The direction of a client’s cash and securities by a financial services company, usually an investment bank.
ViewCompliance
Adhering to laws, regulations, guidelines, and specifications relevant to the family office’s operations.
ViewCustodial 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...
ViewRegulatory Compliance
Adherence to laws, regulations, guidelines, and specifications relevant to business processes, ensuring legal operation.
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