While, globally, carbon trading has the potential to reach a turnover of $3 trillion by 2020, it has to overcome the challenge of delivering real emissions reductions and achieving standardization, liquidity, transparency and predictability.
While the Kyoto Protocol is moving toward regulation for the signatory countries, a voluntary carbon emissions offset market has developed to meet current needs. The Bank of New York Mellon created the Global VCU Registry and Custody unit to provide participants in the voluntary market with a tool that will contribute to development of a fungible market in Voluntary Carbon Units (VCUs).
With regulators demanding change and investors insisting on credit enhancement and greater real-time loan-level transparency, trustees and other entities are carefully navigating securitisation's current challenges and charting a solid course for the future.
Once considered back-office servicers, trustees have become vital intermediaries in complex transactions, exercising greater critical thinking across multiple jurisdictions and industries.
In the rapidly changing world of Global Corporate Trust, learn from our experts on complex issues such as securitization, project finance and trustee responsibilities.
Access a complete range of news and tools for investing in Depositary Receipts, including papers, market analysis, directories and profiles, interactive charting and more.
New technology, evolving regulation and service differentiation continue to drive the market dynamics in the highly competitive transfer agency business.
| ASIA PACIFIC | ITALY |
| AUSTRALIA | 日本 |
| BELGIUM | JAPAN |
| BRAZIL | 한국 |
| 中国 | KOREA |
| CHINA | LUXEMBOURG |
| DEUTSCHLAND | MEXICO |
| GERMANY | NETHERLANDS |
| HONG KONG | NORDIC/BALTIC |
| INDIA | SINGAPORE |
| IRELAND | SOUTH AFRICA |
| ITALIA |