BNP PARIBAS Securities Services S.C.A. Zweigniederlassung Frankfurt

BNP ParIBAS Securities Services S.C.A. Zweigniederlassung Frankfurt is the German branch of BNP Paribas Securities Services, a French credit institution operating as a société en commandite par actions, focused on institutional securities servicing rather than retail banking. The Frankfurt branch provides global and domestic custody, trade settlement, cash and collateral management, corporate actions processing, tax services, depositary services for German UCITS and AIFs under the KAGB, and fund administration and middle-office outsourcing to asset managers, asset owners, and financial intermediaries. In Germany it connects to the local market infrastructure, including Clearstream and the TARGET2‑Securities platform, and supports German market standards for income and corporate actions as well as withholding tax procedures and reclaim support. Client asset protection follows regulatory segregation requirements, with omnibus and individually segregated account options, and service levels are typically governed by customised SLAs with cut-off times aligned to German and pan‑European settlement cycles. The firm offers electronic instruction and reporting channels via web portals and APIs, and provides regulatory, operational, and tax reporting to meet EU and German obligations (including CSDR-related settlement reporting and MiFID/MiFIR data where relevant to its services). As a branch, it is authorised in France and subject to supervision by the ACPR, with its German activities overseen by BaFin and the Deutsche Bundesbank; it operates within EU frameworks such as CSDR, EMIR, SFTR, GDPR, and upcoming DORA requirements. Commercial terms are negotiated bilaterally, commonly combining asset‑based fees, per‑transaction charges, and ancillary fees for tax, FX, and optional services like securities lending. Onboarding involves standard KYC/AML and operational due diligence, with timelines dependent on account structure, market coverage, and connectivity needs. The offering targets professional clients seeking German market access within a broader global custody and depositary framework.