BNP Paribas expands sub-custody network in Latin America to include Chile
As part of the launch, BNP Paribas Securities Services has become a direct participant in the Chilean CSD, Depósito Central de Valores.
May 4, 2021 2:00 PM GMT
BNP Paribas Securities Services has launched a new sub-custody service in Chile, as it looks to continue expanding its Latin America presence.
The move will enable the French global custodian to provide international and regional investors with access to the Chilean market.
As part of the launch, BNP Paribas Securities Services has become a direct participant in the Chilean central securities depository (CSD), Depósito Central de Valores, which will act as a tax agent in accordance with Chilean regulations.