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FSC Gibraltar and FINMA reach

By International Adviser, 17 Dec 14

The Gibraltar Financial Services Commission (FSC Gibraltar) and the Swiss Financial Markets Supervisory Authority (FINMA) have reached an agreement ensuring the mutual oversight of cross border alternative investment fund managers.

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.

 

Tags: Guernsey | Switzerland

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser. Site managed by Furness Media