custody

New episode drops of ‘harrowing’ series for fans of 24 Hours in Police Custody

Previous episodes have been branded as some of the most “harrowing” on TV

Another chilling episode drops tonight as the ‘best’ series returns to TV.

A “relentless pursuit of justice” and a world of “secrecy, control and fear” is at the heart of a harrowing investigation tonight as one of Channel 5’s “best” documentaries returns.

The perfect watch for fans of 24 Hours in Police Custody, the third instalment of Murder Scene: The Incident Room returned to Channel 5 last month, giving viewers unprecedented access into criminal investigations across the UK.

Dubbed by viewers as one of the “best”, previous episodes have left fans “angered” as they are plunged into real-world crimes that have shocked a community and beyond. One person branded an episode as “one of the most harrowing pieces of television i’ve ever watched”.

Another brutal episode is set to air tonight (Wednesday, October 28) at its usual 8pm slot on Channel 5, marking the fifth episode of the season. But it will be a chilling watch as one young woman has been reported missing.

However, it is not an ordinary missing persons case as detectives soon discover that the 20-year-old had already warned police that her life was in danger.

An official synopsis reads: “When 20-year-old Banaz Mahmood disappears from South London, detectives launch an urgent search. But this is no ordinary ‘missing persons’ case.

“Banaz had already gone to police, warning that her life was in danger. She claimed members of her own family were threatening to kill her.

“Newly-promoted Detective Chief Inspector Caroline Goode leads a high-stakes investigation that quickly uncovers a world of secrecy, control, and fear.

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“Banaz had fled an abusive marriage and begun a new relationship – a move that, within her tightly-bound community, risked devastating consequences.”

As officers retraces her final weeks, they soon uncover “escalating tensions, violent threats and evidence that suggests this disappearance may have been planned”.

The synopsis adds: “With suspects denying involvement and crucial questions unanswered, the investigation gathers pace. But without clear proof, the case risks slipping away.

“What follows is a relentless pursuit of justice that spans years, continents, and complex political barriers. At its heart lies a young woman who repeatedly tried to make her voice heard – and a team of detectives determined not to let her be forgotten. This is a story of honour, betrayal and an investigation that refused to give up.”

Murder Scene: The Incident Room returns tonight at 8pm on Channel 5. Episodes can also be streamed online.

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Trump backs Vivek Ramaswamy on controversial ad featuring Democrat Amy Acton’s estranged mother

President Trump said Thursday that Vivek Ramaswamy, the Republican nominee for Ohio governor, should keep running a controversial ad featuring the estranged mother of Democratic opponent Amy Acton, posting on social media that it was “hitting pay dirt.”

Trump also denounced Ohio Republican Gov. Mike DeWine, who criticized the ad as “deeply, deeply troubling” earlier in the day. Acton previously served in DeWine’s administration as a health official. Her mother lost custody of Acton and her brother after her husband — the children’s stepfather — was indicted on a charge of raping Acton.

“He strongly suggested that Vivek should, ‘take down the Ad,’ ” Trump wrote. “He probably wants a Dumocrat to win, and certainly doesn’t want someone who will do a much better job than he is capable of doing. I suggested, on the other hand, that Vivek should keep it up, and let everyone listen to the mother of a defective, dishonest, and incapable Candidate, explain how the daughter is a DISASTER who, uncontrollably, lies, cheats, and steals!”

At a gathering with reporters at the Ohio Statehouse, DeWine recalled the painful experiences of rape victims he dealt with as a county prosecutor and state attorney general.

“It’s wrong to run this ad,” he said. “And, even at this late time — my wife, Fran, saw the ad just run this morning on TV — I would just urge the Ramaswamy campaign to take this down.”

The term-limited DeWine’s remarks place him at odds with Ramaswamy, whom he has endorsed. The biotech entrepreneur and former presidential candidate plans to spend $4 million to broadcast it online and on television.

DeWine stops short of pulling his endorsement

But the governor stopped short of pulling his backing of the Republican for now. DeWine recalled a previous line of attack by the Acton campaign had mentioned Ramaswamy’s mother and said that also was wrong — “family members have always historically been off limits” — though he noted it was never used in a multimillion-dollar ad campaign.

That critique from the summer cited an investigative report into Geetha Ramaswamy’s role at a pharmaceutical company run by her son, whom Acton and Democrats described as “hiring his own mother to manipulate clinical trial data.”

The Ramaswamy campaign called those claims “slanderous” and said he’s being held to a different standard than Acton and other Democrats who have attacked Republicans’ families.

“Governor DeWine is correct that the first and only candidate to attack the mother of her opponent in this race was Amy Acton,” spokesperson Connie Luck said in a statement, adding, “We refuse to accept the media’s double standards.”

Ohio Republicans divided over the ad

By chiming in, DeWine has entered the fray of a growing rift among Ohio Republicans over the advertisement — as both the governor’s race and a race for U.S. Senate appear far tighter than expected in a state Trump won handily three times. The video features Acton’s birth mother, Donna Arthur, calling her “a liar” and insinuating she has mental health issues.

Acton, Ohio’s COVID-19-era health director, has made no secret of facing homelessness and abuse as a child. Arthur lost custody of her children after their stepfather, Arthur’s husband, was indicted on a charge of rape involving Acton. Acton’s campaign on Tuesday posted a video of her brother, who supported her backstory about living in a tent and being abused.

Republican Vice President JD Vance, an Ohio native son, expressed disgust during an Ohio campaign swing Wednesday with Republicans “whining” about the ad as low and in poor taste. But Republican U.S. Sen. Jon Husted, DeWine’s former lieutenant governor — running in a tight retention race against Democrat Sherrod Brown — has said he would not have run the ad, as has Republican Secretary of State Frank LaRose, who is running for state auditor.

Another influential Ohio Republican, former U.S. Rep. Jim Renacci, posted a lengthy essay on X overnight, suggesting that “the floor may have just fallen out from under the Republican campaign for Ohio Governor” and urging every Republican to distance themselves from it.

Amid the turmoil, Ohio Republican Party Chairman Alex Triantafilou posted what sounded like a warning, or a threat.

“The final days of a tough campaign are always the best time to find out who is really with you and who just posts and pretends,” he wrote. “Yes—we are keeping score.” The quote was followed by a winking-eye emoji.

Ad has faced bipartisan rebukes, support in conservative media

The ad is also dividing Republicans nationally.

Nikki Haley, who sparred with Ramaswamy during the 2024 Republican presidential primary over the personal nature of his attacks, called him “a bad guy” in a social media post Tuesday. “It’s a shame he continues to get away with it,” she wrote.

At the same time, Media Matters for America, a left-leaning media watchdog group, has reported that many within the national conservative media are promoting and praising the ad. Ramaswamy’s campaign manager, Jonathan Ewing, characterized it as “a campaign-ending moment for Amy Acton.”

Wayne Allyn Root, of Gateway Pundit, called it “absolutely hilarious” and Daily Wire host Michael Knowles described it as “brilliant.”

Police and court records show Cledith Arthur was arrested and charged with the rape of Acton in July 1978, when she was 12, after her biological father lodged a formal complaint against him. The abuse allegedly happened from December 1976 to April 1978. Cledith Arthur failed to show for a court appearance and became a fugitive.

Donna Arthur remained married to him until his death in 2004.

Smyth writes for the Associated Press.

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‘They try to break us’: Pro-Palestine activists in Czech custody | News

Prague, Czech Republic – Youssef Moursi, a 25-year-old Egyptian university student and activist in Prague, has spent the last six months in pre-trial detention, accused of an arson attack in March against a Czech weapons factory with alleged ties to Israel.

Moursi is one of 11 people being charged with “terrorism” for the attack and could face up to 20 years in prison if convicted.

The case has echoes of legal battles in the United Kingdom, where Palestine Action activists have been sentenced under terrorism laws, and Germany, where five people accused of targeting a site linked to Elbit Systems, Israel’s largest weapons maker, are on trial.

Moursi, a humanities student at Charles University, said in a statement to Al Jazeera that “a group of armed and masked policemen smashed down [my] front door”, two days after the alleged attack, in which he denies any involvement.

He spent the first three months of his detention in solitary confinement, according to his lawyer. Today, he is allowed one hour outside his cell and 20 minutes on the phone a day, with visits from friends and family every two weeks.

“[There] is the psychological front being waged against us, where [the police] deliberately try to break us by putting some of us in solitary confinement for months, denying us visits, blocking correspondence, or spreading fear,” Moursi said. “Putting people in custody and prolonging it time and time again without direct evidence, mainly based on a mix of inclinations, activism, racism, and an attempted blurring of freedom of speech, is unacceptable.”

Moursi and his lawyer, Pavel Cizinsky, believe he has been targeted because of his involvement in pro-Palestine activism in Prague.

Cizinsky said part of the evidence police have against Moursi is that on the day after the fire, he posted advice for pro-Palestinian activists on social media, should they be approached by officers. Cizinsky called this “ridiculous.”

“If you put into Google what to do when interviewed by the police, the first advice is wait for your lawyer. But if you say it as a pro-Palestinian activist, if you write it to your friends, then it’s reason against you that you are guilty,” Cizinsky said.

At the beginning of the investigation, Cizinsky said he faced pressure from the authorities not to take the case. As a result, he was not present during the initial interrogation and house raid on Moursi’s flat.

“It is clear that there is extraordinary attention to this investigation by the police, and really great resources dedicated to this case,” Cizinsky said. “But the fact that he is already five months in prison is surely a breach of law.”

Under Czech law, individuals held in pre-trial detention who have not been convicted must have their detention reviewed by a court every three months. Moursi’s detention has so far been reviewed twice, with the court deciding each time that he must stay in prison.

His detention will be reviewed again in early December, and the trial is expected to start within a year.

The fire broke out in the early hours of March 20 at LPP Holding, a Czech weapons factory in Pardubice, about 120km (75 miles) east of Prague.

No one was injured but police said the building was destroyed, with damage estimates reaching hundreds of millions of crowns, or at least four million euros.

A previously unknown pro-Palestinian group called The Earthquake Faction claimed responsibility and posted videos of the fire, saying it targeted LPP Holding for its cooperation with Elbit Systems, an Israeli weapons company.

In 2023, LPP Holding and Elbit Systems announced a partnership to build drones in the Czech Republic. But on the day of the fire, an LPP Holding spokesperson told Czech media the collaboration never happened.

The fire inside LPP Holding after the alleged arson attack [Courtesy of The Earthquake Faction]
The fire inside LPP Holding after the alleged arson attack [Courtesy of The Earthquake Faction]

In the weeks following the attack, police launched a manhunt and arrested several foreign nationals including Ukrainian, Czech, Slovak, Polish and American citizens. Of the 10 other individuals accused, three are under house arrest in Poland and seven remain behind bars in the Czech Republic.

Over the past two years, Elbit Systems has become a primary target for pro-Palestine activists across Europe.

In June, a UK court convicted four imprisoned Palestine Action members of criminal damage with a “terrorist connection” after a raid on an Elbit Systems factory in Filton, near Bristol. In September last year, police in Poland arrested protesters at an arms fair for throwing red liquid over an Elbit Systems stand. This week, an elderly man in Germany was arrested after protesting against the Israeli weapons giant.

In Prague, the atmosphere for pro-Palestinian activists has grown increasingly tense.

A collective called Prague 4 Palestine Youth stopped organising demonstrations and charity events after police investigations into dozens of its members in the months following the arson attack.

Rue, a 25-year-old Czech activist who requested anonymity, said that friends of those detained in the arson case and fellow activists are being subjected to interrogations, house raids, and indefinite confiscations of their devices as the investigation continues.

Nine days after the fire, Rue said, “[The police] interrogated us, and then they took us back to [our] apartment where they did a search of the house. They kept us awake for more than 24 hours. I was having panic attacks for a week straight after it happened.”

An October 10 protest in Prague calling for an end to Israel’s genocidal war on Gaza
An October 10 protest in Prague calling for an end to Israel’s genocidal war on Gaza [Isabella Fattore/Al Jazeera]

After the interrogation and house search, Rue was told they were being treated as a witness to the arson attack. The police confiscated their phone and computer, which have not been returned.

Rue believes they were investigated because of their friendship with suspects in the arson case. They have visited two in prison; one is in solitary confinement for 23 hours a day, Rue said.

“When it comes to the end of the visit, the tears come,” Rue added. “You’re free to go anywhere and do anything, and they go back to being in those four walls.”

The individuals detained in the Czech Republic could remain in prison for up to four years without being convicted, according to their lawyers.

Police confirmed they have arrested and charged suspects of several different nationalities and remanded them in custody.

“Given the gravity of the case and the ongoing investigation into terrorism-related offences, the supervising public prosecutor’s office has assumed exclusive authority to release information,” the police said.

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Is THIS Hollywood’s most bitter custody battle? Halle Berry’s ‘traumatised’ son testifies amid Oliver Martinez split

MOVE over Brad and Angelina – Hollywood has another bitter custody war on its hands, and this one is about to get even messier, with a 13-year-old boy preparing to give evidence against his own parents.

Oscar-winner Halle Berry and her ex-husband Olivier Martinez are locked in an explosive legal battle over their son Maceo after allegations of physical abuse plunged their already turbulent relationship into fresh crisis.

Halle Berry has been embroiled in perhaps the most bitter Hollywood custody battle yet Credit: Getty
Actress Halle out in LA with Maceo, who she is accused of physically abusing, this month Credit: BackGrid

Today Maceo will appear in court to give evidence in a hearing over a restraining order sought by his dad, who has accused 60-year-old Halle of attacking the teenager during an argument at her home in September.

The judge has ruled that Maceo will testify, despite Halle’s objections, although his evidence is limited to the restraining order request and he will appear in a closed courtroom.

It marks a dramatic new chapter in a custody battle that has dragged on for years since the couple’s disastrous marriage collapsed in 2015 after just two years.

And while French actor Olivier insists his son deserves to have his voice heard, Halle claims the boy has been “coached and manipulated”.

The latest showdown erupted after Olivier, who is also 60, obtained a temporary domestic violence restraining order against Halle this month, accusing her of physically abusing Maceo on September 26 this year.

In the court filings, he alleged she jumped on their son, put her hands around his neck and choked him.

He claimed the row erupted after Halle called Maceo “stupid” over a game involving virtual reality glasses, and that afterwards a “traumatised” Maceo begged Olivier to pick him up.

The Hollywood beauty with French actor partner Olivier in 2012 Credit: Getty – Contributor
Court papers say Maceo took this snap of Halle after alleged attack Credit: Superior Court of California, County of Los Angeles

Halle has vehemently denied the allegations, insisting the pair were “roughhousing”.

She says the incident arose as she tried to enforce boundaries, claiming Maceo had been ­physically aggressive towards her.

In a statement, she said: “I have never physically, emotionally, or otherwise abused Maceo. I am a victim of domestic violence, and I help ­victims of domestic violence . . . I am not a perpetrator of violence. I would never hurt our child.”

Halle has found a fierce ally in 18-year-old Nahla, her daughter by former partner Gabriel Aubry, who leapt to her mum’s defence in a sworn declaration.

She said: “I have never seen my mom hit, slap, choke, grab or physically abuse Maceo in any way.

“I have never seen my mom place her hands around Maceo’s neck, put him in a choke hold, restrict his breathing or engage in any conduct remotely resembling the allegations that have been made against her.”

Nahla described Halle as a “loving and devoted parent”.

It is a far cry from how it all began.

Halle and Olivier met in 2010 in South Africa on the set of the horror film Dark Tide, shortly after she had split from French-Canadian model Gabriel.

They got engaged in 2012 and married in France in July 2013, and Halle gave birth to Maceo that October.

For a time they appeared to have found happiness together, with Maceo’s arrival completing the family.

Now Halle’s lawyer Marina Beck has branded the court filing “entirely meritless and deliberately misleading”.

Court evidence includes angry message exchanges between couple Credit: BackGrid
Texts between the couple shown in court Credit: BackGrid

She claimed Olivier had repeatedly violated court orders, “misconduct for which Mr Martinez has already been legally sanctioned”, and alleged he has a ­history of “erratic, possessive and ­violent behaviour”.

Halle also accuses Olivier of ignoring evidence which she says contradicts his version of events, including statements from her now-fiancé Van Hunt, who was present, and what she describes as contemporaneous video evidence.

Her filing reads: “Van Hunt was physically present during the incident and is the only adult third-party eyewitness to the events at issue.”

She argued that Maceo has “a ­personal interest in minimising his own conduct”, claiming he has behaved similarly at school.

Halle told the court that making him testify would place him “directly in the middle of a highly contentious dispute between his parents” and risk harm to his wellbeing.

She added that he has spent the past two weeks mainly in Olivier’s care, discussing the allegations and the litigation.

But Olivier has launched a blistering counter-attack, insisting his son is the real victim.

Maceo and Halle had a bust-up over a VR headset, Olivier claimed in court papers Credit: BackGrid
Halle has found a fierce ally in 18-year-old Nahla, her daughter by former partner Gabriel Aubry, pictured together in 2013 Credit: Getty

His lawyer Patrick Baghdaserians said: “We vehemently deny such ­allegations. The child is the primary victim here. Victims of abuse should be able to testify regarding the abuse inflicted upon them.”

He added: “We are not surprised that the opposing party does not want the child Maceo to testify.

“The opposing party is seemingly scared of what the child will say.”

Olivier said Maceo “was concerned that no one will believe him over his mother” and “wants to speak with the court to provide his side of the story”.

He continued in his declaration: “Given that our son is 13 years old, I believe it would certainly be in his best interest for him to address the court.

“I believe that our son’s testimony will be the key to the Court learning the full truth about the events that occurred on September 26.

“I am the parent who wants the truth to come out. I am the parent who does not want to suppress Maceo’s voice.”

Mr Baghdaserians warned that if their son was stopped from speaking, Olivier “fears that [Maceo] would be dissuaded from reporting problems or potential abuse in the future”.

The team also expected Halle “will try to prevent Maceo from addressing the court directly”.

Los Angeles Superior Court Judge Shelley Kaufman ruled that “the minor child shall not be coached” and reminded both parents that existing orders remain in force, including not discussing custody issues or court papers with him.

But Olivier has hit back by asking the judge to block Nahla from testifying, claiming she is “unquestionably biased” and has “no significant bearing” on the case.

He said it was not appropriate for Halle to “insert her daughter into ­litigation that does not involve her”.

Halle as Bond Girl in Die Another Day, 2002 Credit: Alamy
Olivier and Halle’s disastrous marriage collapsed in 2015 after just two years Credit: Getty

The hearing is set to be an ­agonising showdown for two exes who have been trading blows in court for years over how to raise Maceo.

The marriage was short-lived. The couple’s wedding took place in France on July 13, 2013, but cracks soon began to show.

In January 2015, showbiz news ­service TMZ reported that Olivier had appeared to push a worker at Los Angeles airport with a child car seat as photographers closed in.

He was named a suspect in a battery investigation but no charges followed.

By October 2015 the couple had confirmed their split, saying in a joint statement they were divorcing “with a heavy heart” and wished each other “nothing but happiness in life”.

Yet the bitter legal wrangling ­rumbled on for the best part of a decade, with their divorce not ­finalised until August 2023.

The settlement required Halle to pay £6,000 a month in child support, cover Maceo’s private school tuition and contribute more than £41,500 towards Olivier’s legal fees, with the pair sharing joint custody of Maceo.

But the courtroom clashes did not stop there. In 2024 the pair were back in front of a judge over co- parenting therapy, with Halle accusing Olivier of trying to delay it by taking “the summer off” to travel.

She then sought sole custody, claiming Maceo had “serious behaviour and learning problems” and that Olivier refused to get a tutor because it could interfere with their son’s football schedule.

Olivier disputed the claims. Halle also said she had spent more than £150,000 trying to “work with” her ex, and swiped at him over child support.

“As Olivier has advised this court, he lives off my child ­support,” she wrote.

Now Olivier has filed for sole custody and has been granted primary custody, along with a restraining order barring Halle from coming within 100 yards of him.

Halle said she had spent more than £150,000 trying to ‘work with’ her ex, and swiped at him over child support Credit: Getty
Berry has completed a court-mandated parenting programme Credit: Shutterstock Editorial

She has been given two days a week of court-ordered visitation and every other weekend with Maceo.

She has also completed a court-mandated parenting programme.

For now, the battle lines are firmly drawn, with Halle fighting to protect her reputation and relationship with her son, while Olivier insists Maceo’s account of events must be heard.

And with Maceo due to take the stand today, the latest chapter in one of Hollywood’s most vicious ­custody disputes is set to unfold in a courtroom far removed from the glitz and glamour of the world that the former couple once shared.

The Sun has approached representatives for both Halle and Olivier for comment.

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Dying in ICE custody: Inside one family’s story of heartbreak | Donald Trump News

‘A major failure’

A round-faced man with dark-rimmed glasses, a moustache and short-trimmed hair, Ismael came to the US when he was only five years old.

Southern California became his home, and as an adult, he qualified for the Deferred Action for Childhood Arrivals (DACA) programme, which offered temporary protection against deportation.

He lost his DACA status, however, in 2015 after a conviction for driving under the influence.

His family remembers him as a caring son and uncle, always willing to buy his niece and nephew new clothes or school supplies.

“Ismael was always looking after his siblings. He just had a big heart,” said his brother, Jose Miguel Ayala. “He was very protective of not just us, but my mum and dad too.”

He was 39 years old when he was brought to the Adelanto ICE Processing Center.

Two weeks after his arrival, Ismael told his family that he developed a high fever and a painful sore on his backside.

On September 18, 2025, workers at Adelanto initiated a Code Blue alert for Ismael, signalling a life-threatening medical emergency. Medical staff rushed him from his dorm to the infirmary in a wheelchair.

ICE documents show that Ismael was given pain medication, an ointment and a fibre supplement.

But according to Physicians for Human Rights’ Cuneo, who reviewed the case, Ismael should have received a physical examination and antibiotics.

“That is a major failure,” Cuneo said.

Flowers placed by demonstrators sit outside the Adelanto Ice Processing Center in Adelanto, Calif., on Tuesday, Sept. 29, 2026. (AP Photo/Jill Connelly)
Demonstrators leave white flowers outside the Adelanto ICE Processing Center on September 29 in solidarity with those detained inside [Jill Connelly/AP Photo]

That weekend, hours after Lucia’s visit, Ismael’s condition worsened. Just after midnight on Sunday, ICE records say he was vomiting, shaking and sweating.

According to ICE documents, he was later sent to an intensive care unit, where he went into cardiac arrest within minutes of his arrival and subsequently died.

“I believe Ismael’s death could have fully been prevented by timely care,” Cuneo said. “It was a simple abscess that was not treated in a timely manner.”

Fault Lines obtained a coroner’s investigation that reveals Ismael was critically ill when he first arrived at the hospital, a fact that was left out of ICE’s public report on his death.

The coroner’s report also contradicts ICE’s timeline for Ismael’s death. It indicates Ismael went into cardiac arrest early on September 21, nearly a full day before he passed away. Medical staff, however, managed to restore his heartbeat after intubating him.

That conflicts with ICE’s report, which only notes his pulse stopping once: shortly before his death was announced on the morning of September 22. ICE described his condition on September 21 as “calm and cooperative”, but it signalled no heart problems.

“If they had given him the medical care and what he needed, maybe he would be here with us,” Lucia said.

In a statement about Ismael’s death, ICE said detainees receive “comprehensive medical care” throughout their time in custody.

But California’s Attorney General Rob Bonta told Fault Lines that his office found “the exact opposite” during its inspections of the state’s detention centres.

“We’ve gone to these facilities. We’ve gone into Adelanto. We have done our own physical inspections,” Bonta explained.

“If what the ICE spokesperson said was true, Mr Ayala-Uribe would be with us today.”

An internal mortality review committee also found that the care provided to Ismael at Adelanto “deviated beyond safe limits of practice”, according to a document obtained by US media earlier this year.

It also suggests that medical staff delayed responding to calls about Ismael’s declining health in the days leading up to his death.

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Beyond T+1: Custody for 24/7 Markets

Faster settlement is forcing banks and treasurers to rethink liquidity, payments, and custody.

This article appears in the October issue of Global Finance Magazine.

The transition to compressed settlement cycles was initially framed as an operational hurdle. In reality, it exposed a fundamental flaw: markets trade 24/7, while legacy custody and payment rails remain shackled to traditional banking windows.

As settlement windows shrink, treasurers no longer have the luxury of multi-day batch reconciliations. Prefunding trades require real-time liquidity optimization to prevent settlement fails. “We are at an inflection point,” said Lim Soon Chong, group head of Global Transaction Services at DBS Bank Ltd. “Intermediaries are reassessing their strategies to capture the shift toward an ‘on-demand’ digital economy.”

Since 2021, DBS has operationalized this through blockchain-powered token services, enabling real-time multicurrency liquidity and automated treasury actions. By integrating these services with custody and digital exchange services, DBS provides the infrastructure for a programmable, real-time financial ecosystem.

Operational Vanguard: Citi’s Custody+ and SEP

Lim Soon Chong,
DBS Bank

Custody transformation is being driven by integrating real-time processing with modular delivery. At the forefront is Citigroup Inc.’s Custody+, a platform designed for an always-on economy.

For Amit Agarwal, head of custody at Citi, the requirement is clear: “To deliver a frictionless, always-on market, cash and securities for fiat and digital assets must settle in real time, 24/7, supported by custody infrastructure that is equally always on.” This vision is operationalized through Citi’s patented Single Event Processing (SEP) technology. Agarwal noted that SEP’s value extends beyond efficiency. By compressing timelines for income events, corporate actions and tax processing, SEP provides clients with earlier liquidity. This transforms faster settlement from a back-office metric into a strategic advantage.

Chris Cox, head of investor services at Citi, added that clients are modernizing legacy models to address cost and regulatory pressures. Cox said the Custody+ ecosystem is the direct answer to these needs. “Customers fundamentally want simplification and improved outcomes,” Cox explained. “Custody+ is our response to addressing those needs—it’s about creating front-office benefits rather than just letting custody be about post-trade. We chose to disrupt our own custody model and bring together our suite of near- and real-time capabilities as a modular ecosystem.”

Yet, technological speed alone is insufficient. Anthony Yeung, chief commercial officer at CoinCover, argues that institutional confidence requires secure key management and transparent recovery. “The regulatory architecture must be matched by institutional-grade safeguards,” Yeung explained. “The real measure of success is whether the ecosystem is built with resilience and operational integrity at its core.”

While Citi’s modular approach serves as a blueprint, this evolution is triggering a cascading effect across the landscape. The move to 24/7 markets is being actively operationalized by major players stripping away the obsolescence of batch-driven infrastructure, fueled by the rise of 24/7 trading, the need for instantaneous collateral fluidity and the proliferation of tokenized real-world assets.

Industrywide Architectural Shifts

Global custodians are redefining the infrastructure layer through digital adoption. BNY has pioneered a unified omnibus architecture that integrates legacy and digital instruments within a single compliance framework. By using distributed ledger technology, BNY enables microsettlements and real-time collateral movement, bypassing standard clearing hours.

Similarly, J.P. Morgan’s Kinexys platform leverages its institutional blockchain arm for intraday liquidity and near-instant delivery-versus-payment, allowing managers to pledge tokenized money market shares as collateral during weekends, neutralizing settlement drag. State Street Bank and Trust Company is bridging the gap between digital asset solutions and legacy accounting via strategic partnerships, replacing traditional reconciliation feeds with streaming APIs. Specialized players like Sygnum and AMINA, meanwhile, further enable atomic cross-currency settlements and smart-contract-based custody.

Buy-Side Adoption & Operational Impact

The buy side is equally driving the push for modernization. BlackRock’s BUIDL fund, in partnership with BNY and Securitize, Inc., enables continuous yield and peer-to-peer collateral transfers. Franklin Templeton’s Franklin OnChain US Government Money Fund uses public ledgers to enable round-the-clock share creation, while Fidelity Digital Assets supports continuous digital clearing. Additionally, UBS Asset Management is piloting automated fund servicing through Project Guardian. These initiatives signal a shift toward programmable financial services.

The infrastructure of 24/7 custody rests on three pillars. First, tokenized liquidity replaces traditional, time-restricted batch messaging windows with programmable cash legs, allowing instantaneous value movement. Second, automated servicing utilizes smart contracts to manage corporate actions, drastically reducing latency. Third, advanced security orchestration, leveraging multiparty computation and hardware security modules, ensures that high-value movements remain secure and verifiable, even outside banking hours. As custodians dismantle legacy constraints, the focus is shifting toward always-on capabilities. The race is no longer about who settles fastest but who builds the most reliable architecture for a global economy that never sleeps.

Navigating the New Custody Paradigm

Moving from traditional, batch-reliant processes to always-on operations transforms custody into a strategic advantage. It allows automated, round-the-clock value movement, continuous yield opportunities, and real-time liquidity management. However, operating in a 24/7 market shifts focus toward new security and regulatory obligations. 

Regulatory requirements from the U.K. Financial Conduct Authority (such as the crypto asset authorization gateway and CRYPTOPRU prudential rules) and U.S. federal stablecoin rulemaking have effectively shifted compliance from a legal filing into an operational and technical security mandate. As a result, custodians and issuers must move away from treating digital asset security as simple smart contract auditing, moving instead toward protecting off-chain infrastructure.

Ultimately, the era of the “siloed vault” is ending. Custody modernization is no longer merely an IT upgrade; it is a fundamental reengineering of the trust model. By embedding institutional-grade wallet infrastructure directly into core banking rails, custodians are shifting from passive gatekeepers to active enablers of the 24/7 digital economy. This evolution is the critical foundation for the next decade of institutional finance, where speed, transparency, and ironclad security are the primary competitive currencies. 

Gilly Wright is a contributing writer based in the U.K.

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US ICE releases Kashmiri filmmaker Arfat Sheikh from custody | Cinema News

Award-winning filmmaker, who was detained last month, released on bond with next hearing set for October 27, campaign says.

The Immigration and Customs Enforcement (ICE) agency in the United States has released Kashmiri filmmaker Arfat Sheikh from custody after he was detained on September 24.

The award-winning filmmaker was released on Thursday, two days after he was granted bond, according to a statement by a campaign of his friends and relatives to free him.

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However, ICE’s deportation case against Sheikh continues with the next hearing set for October 27, the campaign said.

Sheikh, whose work has explored conflict in his native India-administered Kashmir, was detained by the Department of Homeland Security (DHS) as he disembarked from a plane at Dulles International Airport outside Washington, DC, after arriving from California.

The 42-year-old, who lives in Alexandria, Virginia, entered the US on a student visa in 2019 to pursue graduate studies in film at Georgia State University and filed for asylum in 2020.

The campaign said he had a pending asylum application and was authorised to work and live in the US.

The DHS confirmed on Wednesday that Sheikh had been arrested on September 24 and said he “legally entered the US on a temporary basis and illegally overstayed his lawful admittance”.

A pending application does not confer legal status in the US, the DHS said, adding he ⁠will receive due process.

Sheikh’s first feature film, Saffron Kingdom, garnered multiple honours, notably best feature film at the Chicago Filmmakers Awards, Los Angeles Film and Documentary Awards, Melbourne Independent Film Festival, Wake Forest Film Festival and Anatolian International Film Awards.

In 2025, Sheikh was also recognised with the emerging filmmaker activist award at the Teaneck International Film Festival.

His detention came amid a surge in the number of ICE arrests across the US, which hit record levels over the summer. About 50,000 arrests were recorded in July and August.

President Donald Trump’s administration said in August that it was ‌working “to identify ⁠and revoke the non-immigrant visas of foreigners who have come to the US claiming to be short-term visitors, but then file for asylum to stay here permanently”.

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