Trade Talk - Spring 2011
Table of Contents
In this issue...
A message from our CEO: the global economy - from tanks to tsunamis
2011 was supposed to be the year stability returned to the world economy. Alas, this was not to be. Unexpected turmoil in the Middle East, festering debt problems in the G20 and the ongoing crisis in Japan have brought financial instability back to the forefront. Our mission in these uncertain times is to act as a safe and reliable harbour for our clients, remaining vigilant in critical areas of risk management, corporate governance and product excellence.
Doing well by doing right: CSR is smart business
We are committed to doing well by doing right – not just because we have a responsibility as a corporate citizen, but also because corporate social responsibility (CSR) is smart business and helps us better serve our clients. We recently published our 2010 CSR review, entitled “Doing well by doing right.” check out highlights from the publication.
Product and service enhancements: putting your feedback to work
Feedback from clients, investment managers and other business partners is critical to our ongoing efforts to deliver products and services that exceed expectations. Based on a careful analysis of this feedback, including the input received from 2010 edition of our biennial investment manager survey, we are pleased to announce a number of product and service enhancements.
GST/HST update: proposed changes to SLFI rules and June 30 filing deadline
Proposed changes to the draft harmonized sales tax (HST) rules for financial institutions outline a shift in pension entities' responsibilities for haring HST-related information. In partnership with KPMG, Peter Maden, vice president of institutional accounting, summarizes how the proposed rules could affect pension clients' requirements for HST information collection.
Sibos comes to Toronto: join us at one of the world's premier financial services conferences
Toronto is host to the annual Sibos conference this September. Sibos brings together senior leaders from financial institutions, market infrastructures, multinational corporations and technology partners to network and shape the future of the global financial industry. Alistair Almeida, vice president of business development and relationship management, highlights how the conference can help clients strengthen relationships and build important partnerships.
This issue by:
Thomas S. Monahan
* * *
Trade Talk® is provided for general information purposes only and CIBC Mellon Global Securities Services Company, CIBC Mellon Trust Company, CIBC, The Bank of New York Mellon Corporation and their affiliates make no representations or warranties as to its accuracy or completeness. Readers should be aware the content of this publication should not be regarded as legal, tax, accounting, investment, financial or other professional advice nor is it intended for such use.