Compliance
Global Custody
A service where a financial institution holds securities for clients in multiple jurisdictions, handling settlement, reporting, and compliance.
What is Global Custody in Family Offices
Global Custody is a service provided by financial institutions to family offices, where securities are held across multiple jurisdictions. This service includes handling settlement, reporting, and compliance, ensuring that the family’s investments are managed efficiently and securely on a global scale.
Related Terms
Compliance
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...
ViewCustodian Bank
A financial institution that holds customers’ securities for safekeeping to prevent them from being lost or stolen.
ViewDue Diligence
A comprehensive appraisal of a business or investment opportunity to evaluate its commercial potential and risks.
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