Custody and Clearing

HSBC has been offering custody services in Kazakhstan since 2000. Our custody clients comprise the top 14 global custodians in the US and UK, together with the top custodian banks in Asia, Europe and Japan. We also have a substantial and growing clearing business in Asia and the Middle East, with several premier investment banks using our services.

We maintain close co-ordination with Treasury, Credit, Payments and Cash Management within the bank to provide the best holistic banking services to our clients. Thus we possess a significant competitive advantage over the local service providers who do not have our global presence, technology and experience.

Services provided by Custody and Clearing’s operation in Kazakhstan are:

• Settlement of purchase and sale trades in the local market. For more information on settlement flows and tariffs, please visit our Download Centre.
• Settlement of purchase and sale trades in the foreign market via international depository Clearstream Banking S.A.
• Trade confirmations/portfolio balances and cash reporting
• Corporate action reporting and administration
• Income collection
• Proxy voting services
• Remittance of income and sales proceeds
• Opening clients' sub-accounts at the Central Securities Depository and Clearstream Banking S.A, for a form, please visit our Download Centre.
• Reporting to the National Bank of Kazakhstan and other regulatory agencies
• Foreign exchange services