Global Custodian Summer 2018 | Page 4

[ C O N T E N T S C O N T. ] N E W S A N A LYS I S 20 Global custodians provided capital relief by Dodd-Frank amendment An amendment to the Dodd-Frank Act was introduced to ease requirements for smaller banks. However, three unlikely banks have benefited too. 22 UCITS 30 years on Much has changed in the funds industry since the introduction of UCITS 30 years ago. Global Custodian takes a look at the next set of challenges facing UCITS funds. MARKET REVIEW 24 Third time lucky for China: Now it’s time to deliver China’s inclusion into the MSCI Emerging Markets Index has sparked a wave of excitement for foreign investors, but how active will they be as the market opens up and can the infrastructure handle the incoming trading volumes? 42 Greece: Economic climate change Global Custodian looks at how transaction banking, and in particular, securities servicing, is bearing up as the present EU-inspired bailout draws to a close. 54 Talk to the bots Fund administration processes are increasingly being simplified by artificial intelligence (AI), but will it impact client interaction? 68 India roundtable: Catalysts to market growth In the second part of Global Custodian’s report from Mumbai, roundtable participants discuss those specific aspects of market reforms that are likely to stimulate an increase in investment flows from both international and domestic sources. SURVEY 59 India domestic: Buoyant and busy The domestic custody services market in India is benefiting from inflows to institutional investment vehicles, while providers are maintaining their reputation for impressive levels of service. 4 Global Custodian Summer 2018