FCA DISCUSSION ON ASSET MANAGEMENT REFORM
The Financial Conduct Authority (FCA) is looking to scrutinise the work being done by fund depositaries as part of its consultation on how to update and improve the UK’s asset management regime. Abi Holland, CEO of INDOS Financial, a JTC Group company, looks at some of the challenges facing depositaries, and how the existing model could be improved. The depositary plays an integral role prote...