A.    The Association of Global Custodians has recently issued public commentary concerning regulatory and market structure issues that are of common interest to its members.  

 

      Key topics and the related comments are set forth below.

 

· CPSS-IOSCO: Committee on Payment and Settlement Systems/International Organization of Securities Commissions

· Depository Information-Gathering Project

· European Union: Regulatory Issues

· Tax Issues

 

 

 

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