INDOS Financial depositary services gain formal recognition

Receipt of Type II SOC1/ ISAE 3402 certification Leading independent AIFMD depositary, INDOS Financial Limited (“INDOS”), is pleased to announce it has received a Service Organization Control 1 (“SOC 1”) / ISAE 3402 Type II controls assurance report from an independent audit firm for the first time. The examination, in respect of the depositary processes and controls within INDOS and […]

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INDOS moves to digitize the AIFMD depositary space

Launch of DEPOcheck to set new industry standard INDOS Financial Limited, the leading UK independent depositary, has gone live with the second and key phase of the integration of its cloud-based DEPOcheck software. DEPOcheck provides an integrated workflow management and fund oversight solution for depositary businesses.  DEPOcheck was developed on behalf of INDOS by Centigen Soft. Phase 1 of the project, […]

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INDOS appoints Jon Masters as Head of Client and Business Development

INDOS Financial Limited (“INDOS”), the UK independent depositary, has appointed Jon Masters to the new position of Head of Client and Business Development.  Mr Masters had most recently been Head of Compliance at Sciens Group in London since 2014. “Continued growth across all segments of our business, hedge, private equity, real estate and more recently full depositary, now means that INDOS […]

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FCA study highlights further regulatory focus on fund governance

This INDOS Financial article was first published by Global Investor and can also be read here (subscription required). A decade ago, fund governance was seen by some managers as little more than a clerical duty albeit one which did not intrude on their activities or strategic decision-making. Equally many investors rarely spoke of or monitored the actions of those directors, despite […]

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INDOS Financial extends FCA licence to become full UK AIFMD independent depositary

INDOS Financial Limited (“Indos”), the UK independent depositary, has received approval from the Financial Conduct Authority to extend its Alternative Investment Fund Managers Directive (AIFMD) depositary permissions to become a full depositary. The move represents the first such authorisation of a non-bank entity in the UK since AIFMD was introduced in 2014. The permissions build upon the firm’s successful depositary-lite […]

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