Head of HSBC Securities Services, Australia
Phone: +61 2 9006 5563
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Sub-Custody and Clearing - markets
With a global network across Asia-Pacific, the Middle East, Europe and the Americas, the award-winning Sub-Custody and Clearing business of HSBC Securities Services is committed to bringing best practices, state-of-the-art technology, operational efficiencies and world-class services to clients worldwide.
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HSBC Securities Services has been providing Sub-Custody and Clearing services in Australia since 1991.
HSBC serves a growing client base and is one of the major players in the Australian sub-custody market. We have an immense depth of knowledge and experience, a strong market presence and invaluable contacts with regulators and market participants. HSBC is actively involved in driving market change as part of industry working groups to ensure best practice is enacted in the interests of our clients. We pride ourselves on our commitment to promoting market reforms that benefit both our clients and the securities industry as a whole. We differentiate our local service by superior client service, knowledge of business, straight through processes that allow us to handle increased volumes with ease while helping to minimise risk.
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Useful resources*
- Australian Custodial Services Association
- Australian Prudential Regulation Authority
- Australian Securities and Investments Commission
- Australian Securities Exchange
- Reserve Bank of Australia
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC in Bangladesh has been offering Sub-Custody and Clearing services to foreign clients since 1997. Our operations in Dhaka are based on a well-established local banking presence which benefit from an integrated service and product delivery with the transfer of best practices and centralised business and systems development. HSBC maintains close relationships with all the relevant regulatory bodies and this effectively means that we play a key role in any changes to the market and we are able to represent the interests of major international investors to the Bangladesh authorities.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC in Hong Kong SAR is the flagship of HSBC's Sub-Custody and Clearing business with over 100 years' experience, giving us an unrivalled depth of knowledge and valuable contacts in the market among regulators and market participants. As the longest-established and largest sub-custodian in the Hong Kong market by assets under custody, HSBC handles a large proportion of local and foreign investments. HSBC is actively involved in the development of the financial infrastructure of Hong Kong and has significant market influence with the Hong Kong Association of Banks and policy-setting bodies in the securities industry in Hong Kong.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been present in the Indian market since 1853 and has dominated the custody landscape in India ever since the market opened to foreign investors in 1993. As the first custodian to facilitate a Foreign Institutional Investor (FII) trade India, HSBC is now a leading sub-custody provider in this segment. As a pre-eminent player in the industry, HSBC is the first port of call for local regulators and have pioneered several initiatives that have subsequently become market practices. Our knowledge base and understanding of the market makes us a preferred provider of sub-custody services in India.
We constantly endeavour to meet all our clients' needs through new products and services, for example, derivatives clearing, clearing for securities lending and borrowing trades (SLB) and tax services. HSBC has invested heavily in staff, systems and automation to achieve high levels of STP and make our operations in India one of the very best in the market. The consistency, reliability and flexibility of our service have earned us a prominent place in this business in India. HSBC provides customised, value-added services, competitive fees and a continuous commitment to quality delivered by highly qualified staff.
Useful resources*
- National Securities Depository
- National Stock Exchange
- Reserve Bank of India
- Securities and Exchange Board of India
- The Stock Exchange, Mumbai
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC was the first custodian bank to provide services in Indonesia, operating in the market since 1989, when the market first opened to foreign investors, giving us extensive depth of valuable contacts and experience in the market. We have an immense depth of knowledge and experience, a strong market presence and invaluable contacts with regulators and market participants. HSBC is actively involved in driving market changes as part of industry working groups to ensure best practice is enacted in the interests of our client.
Useful resources*
- Bank Indonesia
- BAPEPAM
- Indonesian stock exchange
- Jakarta Futures Exchange
- PT Kliring Penjaminan Efek Indonesia
- PT Kustodian Sentral Efek Indonesia
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC is the oldest bank in Japan and has had a Sub-Custody and Clearing presence for over 30 years. Today, HSBC Japan provides top-class sub-custody and clearing services to international clients from across the world. Our share of the business in Japan has grown significantly in recent years and we currently serve a wide range of international investors and market participants.
HSBC is able to offer a total service proposition that includes sub-custody and clearing, cash management and treasury services.
Useful resources*
- Bank of Japan
- Financial Services Agency
- Japan Securities Clearing Corporation
- Japan Securities Dealers Association
- Japan Securities Depository Center
- Japanese Bankers Association
- JASDAQ Securities Exchange
- Market for the High Growth and Emerging Stocks
- Ministry of Finance
- Nagoya Stock Exchange
- National Tax Agency, Japan
- Osaka Securities Exchange
- The Tokyo International Financial Futures Exchange
- Tokyo Stock Exchange
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been providing Sub-Custody and Clearing services to foreign clients in South Korea since 1992 when the market first opened to foreign investors, giving us an unrivalled depth of experience and valuable contacts in the market among regulators and market participants. As the largest foreign custodian in the South Korean market, HSBC handles almost half of the foreign investor's funds invested in the market. As a result, HSBC is well-placed to provide outstanding local market influence to assist our clients.
Useful resources*
- Bank of South Korea
- Financial Supervisory Service
- Ministry of Strategic and Finance
- South Korea Exchange
- South Korea Financial Investment Association
- South Korea Securities Computer Corporation
- South Korea Securities Depository
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC Bank Malaysia Berhad is the largest foreign bank in Malaysia, where it has been established for more than 125 years. HSBC was the first foreign bank to be locally incorporated on 1 January 1994, following the central bank's directive that all foreign banks be locally incorporated and have been providing sub-custody and clearing services to foreign investors for over 40 years. HSBC is one of the largest custodian banks in the Malaysian market, handling more than 50 per cent of the foreign funds invested in the market. With vast experience in the custody business, as well as a diversified service and client base, has provided us with a strong foundation to anticipate clients' requirements and offer a high level of service.
Useful resources*
- Bank Negara Malaysia
- Bursa Malaysia
- Bursa Malaysia Derivatives Bhd
- Labuan International Financial Exchange
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been offering custodial services in New Zealand since 1991. Considered a core business of the HSBC Group, our operations in New Zealand offer a flexible and personal service through our experienced and highly regarded customer service team. Our knowledge base and understanding of the market makes us a preferred provider of sub-custody services in New Zealand.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been operating in the Philippines for more than 120 years, providing the financial expertise and experience for which it is known throughout the world. HSBC has been providing sub-custody and clearing services in the Philippines to domestic clients since the 1950s and to foreign investors since the 1980s. Managing the majority of all foreign portfolio investments in the Philippines and maintaining the largest operation among the sub-custodian banks, this has allowed HSBC to gain a distinct advantage in market experience and influence, as well as an understanding of the concerns of foreign investors.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has had a continuous presence in mainland China since opening in Shanghai in 1865 and the largest branch network among foreign banks. We were the first bank to receive a licence to set up sub-custody and clearing operations in mainland China and have been serving our clients since 1992, when the market was first opened to foreign investors. With the largest market share of foreign clients for the custody of A-shares (open to qualified foreign institutional investors) and B-shares, HSBC is the top provider of custodian services in mainland China for foreign investors.
On 20 March 2007, HSBC received approval from the China Banking Regulatory Commission (CBRC) to incorporate locally in mainland China. The new entity, HSBC Bank (China) Company Limited ("HSBC China"), a wholly owned subsidiary of HSBC, will continue to offer a comprehensive range of sub-custody services in the mainland China including Qualified Domestic Institutional Investors (QDII) custody services for local qualified institutions.
In mainland China, HSBC has a well-established local network and we maintain close contact with all major regulatory bodies, including the People's Bank of China, the China Securities Regulatory Commission and the Shanghai and Shenzhen Stock Exchanges.
HSBC's commitment to the Singapore market is evidenced by the fact that it has provided custodial services to foreign investors since 1948. Our delivery of consistent service excellence is widely recognised by our clients. Being one of the most established sub-custodians in Singapore, HSBC has the advantage of having an unmatched depth of experience and wealth of contacts among regulators and market participants who use HSBC as their ‘first point of call’ for advice and consultation on market issues.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC in Sri Lanka has been offering sub-custody and clearing services to foreign clients since 1990 and to domestic clients since 1991. Our operations in Colombo are based on a well-established local banking presence that benefits from an integrated service and product delivery with the transfer of best practices and centralised business and system development. HSBC's Sub-Custody and Clearing operation in Colombo has the largest market share of foreign investor funds, and an experienced and dedicated team, HSBC has an all-round capacity (management, processing and client and support services) to manage and develop the business. HSBC also plays a key role in market changes and are able to represent the interests of major international investors to the Sri Lankan authorities.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC Taiwan has been providing sub-custody and clearing services since the market opened to foreign investors since 1991, giving us extensive depth and breadth of experience in the market. HSBC is also one of the largest sub-custodians in the Taiwan market. HSBC's Sub-Custody and Clearing operation in Taiwan offers highly automated and efficient operations that can handle surges in volume and the addition of new business with ease. Our considerable experience in the custody business, our diversified services and wide ranging client base of major global custodians and top broker-dealers, have provided us with a strong foundation to manage clients' requirements and offer a high level of service. HSBC Taiwan constantly endeavours to meet all our clients' needs through new products and services, for example, clearing for securities lending and borrowing trades, ETF creation/redemption, etc. HSBC Taiwan has a very close relationship with the Securities and Futures Bureau (SFB), Taiwan Stock Exchange (TWSE), Taiwan Futures Exchange (TAIFEX) and Central Bank (CBC). Our relationship with major market participants allows us to keep our clients abreast of market developments and likely impact on them. Our consistently high levels of service have been recognised by both our clients and the industry in the form of numerous awards.
Useful resources*
- Gre Tai Securities Market
- Securities and Futures Bureau
- Taiwan Depository and Clearing Corporation
- Taiwan Futures Exchange
- Taiwan Stock Exchange
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC is regarded as a pioneer in the custody industry in Thailand, and first offered sub-custodial services through a subsidiary in 1987. HSBC's Sub-Custody and Clearing is one of the largest custodians in the Thai market. As a result, HSBC has access to market contacts and has extensive influence and these have been used to initiate changes in the local market to help benefit our clients. HSBC in Thailand is known for its consistency, reliability and flexibility of service.
Useful resources*
- Bank of Thailand
- Market for Alternative Investment
- Ministry of Finance
- Securities and Exchange Commission
- Stock Exchange of Thailand
- Thai Bond Market Association
- Thai NVDR Co Ltd
- Thailand Security Depository Co Ltd
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC is the first foreign bank to be granted a custodian licence in Vietnam. As one of the leading custodian bank for foreign institutional investors in Vietnam in terms of assets under custody, transaction volumes and number of staff, HSBC was closely involved with the State Securities Commission (SSC) in helping establish Vietnam's first stock exchange in Ho Chi Minh City and influenced the design of market infrastructure, procedures and regulatory framework. HSBC continues to assist the authorities to develop a stronger legal framework for the securities industry, and to clarify the securities-related tax law and foreign exchange regulations. HSBC is active in the lobbying for changes in market practice and regulations to protect foreign investors' interests. Frequently providing information and comments to the regulators on various issues such as foreign exchange control, corporate action practices, clearing and settlement procedures, the bank now works closely with the Vietnam Securities Depository (VSD) to develop the securities market infrastructure and make it friendlier to foreign institutional investors.
HSBC has developed an extensive and highly committed securities services team in Vietnam. Our knowledge base and understanding of the market is of paramount importance and regard market expertise as a basic requirement. With a highly-qualified and experienced team dedicated to our custody business, HSBC is the largest custodian bank in Vietnam providing efficient, innovative and customised services and solutions to our clients.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC Securities Services (HSS) provides, remotely from Greece, a full range of Sub-Custody and Clearing services for dematerialised securities to foreign institutional investors in the Cypriot market. HSBC Greece's local brokerage business also provides remote trading services in Cyprus providing HSS clients with a one-stop shop for the Cypriot market.
HSS maintains strong working relationships with the Cypriot authorities. We aim to be the first point of contact in providing feedback on market developments and the sharing of knowledge.
Useful resources*
- Cyprus Securities and Exchange Commission
- The Central Bank of Cyprus
- The Central Depository and Central Registry
- The Cyprus Stock Exchange
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC offers sub-custody and clearing services to cross-border banks and broker dealers through HSBC Trinkaus, a leading provider of domestic custody in Germany. Cross-border clients can now appoint HSBC for the safekeeping of their assets in Germany.
Our highly experienced team in Germany has been offering on-the-ground securities services for over 40 years and is a leading provider of domestic custody services for local institutions. These local market experts monitor and analyse changes in the market and report the impact to you, ensuring you are up to date with the latest market developments as they happen so that you can plan ahead to maximise business opportunities.
Useful resources*
Main stock exchange:
Other stock exchanges:
- Stuttgart Stock Exchange
- Munich Stock Exchange
- Berlin-Bremen Stock Exchange
- Hamburg Stock Exchange
- Hannover Stock Exchange
- Düsseldorf Stock Exchange
- Tradegate Exchange
*Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC commenced operations in Greece in 1981 and was the first foreign bank offering sub-custody and clearing services in Greece for domestic and institutional investors in 1991. Using our extensive market knowledge, expertise and excellence in customer service, HSBC's Sub-Custody and Clearing provides a one-stop shop of high-quality services, tailored to each client's needs. In order to safeguard our clients' interests and meet and exceed their expectations, we have a team of specialised multi-lingual professionals who maintain close working relationships with the exchange, regulators and market authorities, participating in all local market authority workgroups and are fully informed of local market practices and future developments.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC Kazakhstan provides award-winning services to cross-border investors working closely with clients, combining regional strengths and uniform international standards with flexibility, value-added services and original solutions. HSBC in Kazakhstan is an important market player, being a member of the Association of Financiers of the Republic of Kazakhstan, a non-commercial organisation which helps prepare draft laws regulating financial markets. HSBC is able to support client networks and operations staff through our client services staff in Almaty as well as our relationship management team based around the world. They all have one goal - to exceed client expectations.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC's Sub-Custody and Clearing business in Malta is built on an existing securities presence within HSBC Bank Malta plc, following the purchase in 1999 of a 70.03 per cent stake in Mid-Med Bank, previously held by the Government of Malta and other publicly-owned companies.
The leading provider of Sub-Custody and Clearing services to foreign institutional investors, operations benefit from a strong local banking presence and long-term relationships with regulators.
As part of HSBC's worldwide Sub-Custody and Clearing network, our operations in Malta benefit from centralised IT support and expertise, regional client service model and training and quality initiatives such as the Business Excellence programme. Additionally, the ability to leverage from participating in global initiatives such as the sub-custody Sharing Best Practice forums regarding risk management, operations and client servicing translate to "consistent excellence": higher service levels for our valued clients.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
As the largest foreign bank in Turkey, HSBC has established a reputation for providing award-winning services and products. HSBC Sub-Custody and Clearing in Turkey has the ability to access and exchange information with local market authorities and provide sub-custody and clearing services to domestic and non-domestic retail and institutional investors. Our detailed understanding of the domestic market combined with our experience in the international arena ensures that, unlike any other institution, HSBC is in a strong position to influence the development of the financial markets in Turkey, as well as take a more proactive role in local organisations and working groups in the custody industry. Our ability to tightly integrate with local settlement and trading systems provides benefits for clients when business volumes increase, and enables our customers to quickly take advantage of new business opportunities being implemented on the Istanbul Stock Exchange. Aware of the very specific needs of international investors, our systems and operations have also been geared towards servicing sophisticated requirements in an efficient and proactive manner.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC, through its acquisition of Midland Bank plc, has been providing custody services in the United Kingdom for over 100 years and is the highest credit rated UK bank. HSBC is one of the UK's leading providers of sub-custody products and services, servicing a wide range of global and domestic financial institutions.
HSBC in the UK is committed to playing an active role in driving industry development and through our representation on over 50 major industry committees and associations, we are able to directly influence and promote the best interests of our clients, campaigning for best practice, risk reduction and lower costs.
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Head of Client Services and Business Development, Sub-Custody and Clearing, United Kingdom
United Kingdom
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Useful resources*
- Bank of England - UK Central Bank
- FSA - UK Regulator
- Euroclear UK and Ireland - CSD
- London Stock Exchange
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has invested heavily in staff, systems and automation to make our sub-custody operations in Buenos Aires the best available, since we started in this market in 2009.
Our businesses are based on a well-established local banking presence that benefits from an integrated service and product delivery with the transfer of best practices and centralised business and system development.
Through its extensive relationships and wide contacts with all major industry bodies including the National Securities Commission, the Central Bank of Argentina and the Central Depository, HSBC in Argentina is able to influence and access accurate and up-to-date information regarding market developments.
Useful resources*
- Banco Central de la República de Argentina
- Bolsa de Comercio de Buenos Aires
- Caja de Valores
- Comisión Nacional de Valores
- Mercado de Valores de Buenos Aires
- Ministerio de Economía
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC Bank Bermuda Limited has provided banking services in Bermuda for over 120 years. Through investment in infrastructure, management, innovative products and superior customer service, we have become the largest bank in Bermuda with over 800 staff under employment. HSBC Bank Bermuda Limited is a leading provider of fund administration, trust, custody, asset management and banking services.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC is one of the largest and the fastest growing custodians in Brazil to cross-border investors. HSBC enjoys a strong reputation in the local capital markets, with access to key regulators and institutions such as the Central Bank of Brazil (BACEN) and the local Securities and Exchange Commission (Comissão de Valores Mobiliários - CVM). HSBC is also a direct participant in the depositories and clearing systems in Brazil: BOVESPA - for equities, BM&F - for futures and commodities, SELIC - for government bonds, and CETIP - for private bonds.
HSBC is presently focused on being the best sub-custody service provider in the country through the implementation of strong service differentiators helping our clients to meet their demanding challenges in an expanding market. HSBC's commitment to provide direct clearing and sub-custody services in emerging markets, is evidenced by our constant investment in technology and qualified staff to meet and exceed our high standards of quality service.
HSBC Securities Services (HSS) has been providing Sub-Custody and Clearing services in Mexico since 2008. HSBC is committed to bringing the best practices, state-of-the-art technology, operational efficiencies and world-class services of our award winning global network to clients doing business in Mexico.
HSS offers the full range of sub-custody and clearing services providing clients with flexible tailored solutions to meet their specific needs. Our experienced team of professionals has strong relationships with Mexican regulators, market bodies and market participants which they will use to provide comprehensive investor representation in the local market and to drive change in the market in line with international market practices.
HSBC has been providing Sub-Custody and Clearing services in Bahrain since 1996, when the market was first opened to foreign investors. The key to HSBC's success in Bahrain is the consistently high levels of service provided by our talented staff who take active responsibility in serving our clients. HSBC enjoys a strong reputation in the local capital markets in Bahrain, with access to key regulators and institutions such as the Central Bank of Bahrain (CBB), and the Bahrain Stock Exchange (BSE) and the Depository.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC's Sub-Custody and Clearing business has been present in the Egyptian market since April 1996 and is one of the leading sub-custody providers in this market. Through its extensive relationships and wide contacts with all major industry bodies including the Capital Market Authority, the Central Bank of Egypt and the Central Depository, HSBC in Egypt is able to influence market initiatives and drive changes. Our knowledge base, staff profile and understanding of markets is of the highest level, which makes us the preferred provider of custody services in Egypt.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been providing Sub-Custody and Clearing services to foreign investors in Jordan since 1994 and is a leading player in the securities market. With extensive experience in the markets this provides access to market contacts including regulators, thus giving us the ability to initiate changes. HSBC in Jordan is known for its consistency, reliability and flexibility of services. This high standard of service quality has resulted in HSBC being consistently ranked number 1 in Global Custodian magazine's annual Review of Agent Banks in Emerging Markets.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC launched its Sub-Custody and Clearing services to foreign investors in Kuwait in October 2005, when the market first opened to foreign investors. HSBC has been one of the first beneficiaries to receive the banking licence making HSBC the only international bank providing sub-custody services in 10 markets in the Middle East. Our operation in Kuwait is able to draw upon the regional support infrastructure and global systems expertise. HSBC enjoys a close working relationship with the market regulators and has been able to pioneer several market initiatives including the pre-funding exemption for foreign institutional investors and receipt of sale proceeds on a rolling T+2 basis.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC was the very first provider of sub-custody and clearing services to foreign clients in Lebanon from 1996, when the market opened to foreign investors. The HSBC Group has global reach and expertise, having established valuable market contacts, as well as building up our local knowledge of the Lebanese market. The key to our success in this market, is our talented sub-custody services team who take active responsibility for serving our clients in the most efficient manner.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC was the first foreign bank established in Mauritius and has been providing sub-custody and clearing services to foreign investors since the local stock market was opened to foreign investment in 1994. Our client base includes the world's largest global custodians and broker/dealers. As a result of our experience, service expertise and understanding of both the market and our customers' requirements, HSBC is a recognised market leader for foreign institutional investors in Mauritius and handles the majority of foreign trades on the Official Market of the Stock Exchange of Mauritius (March 2010). HSBC maintains strong links with local regulators and other market participants and we work closely on several market development initiatives. Our market position is recognised in Global Custodian magazine's annual Review of Agent Banks in Emerging Markets, where we are consistently ranked number one.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC is the oldest established foreign bank in Oman having provided a suite of banking services here since 1948. HSBC has been providing sub-custody and clearing services in the Oman market since 1996 and has dominated the custody landscape since then.
HSBC has valuable contacts in the market amongst regulators and market participants to drive changes and influence market practices. HSBC through pro-active discussions with the market participants has achieved changes to the satisfaction of our clients. As a pre-eminent player in the industry, HSBC is the first port of call for local regulators and has pioneered several initiatives that have subsequently become market practices. Our knowledge base and understanding of the market makes us a preferred provider of sub-custody services in Oman.
As a business, HSBC has a diverse international and local client base, including international broker dealers, global custodians and government agencies. Our vast experience in the sub-custody business, as well as a diversified client base enables us to anticipate client requirements and provide matching service levels. We have a highly regarded client services team staffed by bilingual individuals with extensive market experience.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been providing sub-custody and clearing services to foreign clients in the Palestinian Autonomous Area since May 1999, when the market was first opened to foreign investors. HSBC has well-established market contacts as a result of being the first provider in the market and continues to enhance its products and services with the support of one of the world's leading international banking and financial services organisations. The HSBC Group's strengths lie in its global reach and delivery, its broad spread of businesses, an excellent customer base and a first-class product range.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been providing sub-custody and clearing services to foreign clients in Qatar since December 1998, when the market first opened to foreign investors. As a business, HSBC has a diverse client base, including international broker dealers, global custodians and government agencies. Our vast experience in the sub-custody business, as well as a diversified client base enables us to anticipate client requirements and provide matching service levels.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC has been providing sub-custody and clearing services in Saudi Arabia since the market started operations in 1984 and serving foreign investors since 1998 following the opening of the T-bill market to foreign investment. As this is a relatively new market for foreign investors and investment requirements may change as the regulations for foreign investment emerge, our staff are experienced enough to handle investment queries and provide required guidance. SASL is a member of the Investment Product Committee (IPC) which plays a significant role in preparing draft regulations governing the financial market. In addition, SASL is a member of the Trading (Tadawul) System Working Group, which reviews the performance of the Trading System of the depository.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
HSBC is the very first provider of sub-custody and clearing services to foreign clients in the United Arab Emirates (UAE). HSBC's Sub-Custody and Clearing operations in the UAE were established in July 2000, when the market was first opened to foreign investors. As part of the HSBC Group and its leading Sub-Custody and Clearing network, clients are offered greater global reach and expertise, as well as sound local knowledge and well-established market contacts. The key to our success is our talented staff, who take active responsibility for serving our clients to the highest possible standards. This attitude is reflected throughout the entire business and is recognised by those clients who choose HSBC in the UAE.
Useful resources*
* Clicking on these links will lead you to websites which are not associated with HSBC, and which may be governed by their own terms of use.
Know how we can help
Learn about our sub-custody and clearing services.
Faselt, Tim
Banks and Broker Dealer
Phone: +1(1) 212 715 6401
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