Europe’s clampdown on fund outsourcing chills market
Esma proposals spark worries AIFMD review could wreck existing delegation models
The fund management business in the European Union is a $20 trillion industry. Experts fear, though, that proposed rules for fund outsourcing could cause this figure to shrink.
The European Securities and Markets Authority has set out its wish list for an upcoming review of a key piece of investment legislation. In essence, Esma wishes to clamp down on the practice of European fund managers delegating business to firms in other countries.
The suspicion is that the review is aimed at forcing UK
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
7 days in 60 seconds
Capital buffers, contingent hedges and USD Libor
The week on Risk.net, November 28–December 4
Receive this by email