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The Memorandum of Understanding also ensures the assisted management of delegates and depositaries related to the funds and is expected to focus on investor protection and market integrity.
The development follows an increase in the globalisation of the world’s financial markets and the activity of cross-border operations.
Xavier Meyer comes in
Group will launch £4.5m in cost-saving measures over the coming months
The reluctance of platforms to allow for fractional trading means the inclusion of ETFs and investment trusts within MPS is being constrained
Record annual IHT take last tax year of £7.5bn likely to be beaten
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
Fund has split its fixed income exposure into four, rather than using a single broad index
