+ 44 20 7408 2448
UCITS
While the process for launching and managing a UCITS fund need not be complex, it can be challenging for firms who are not used to the requirements of regulated funds. Additionally, the FSA has recently raised the stakes - highlighting that managers used to an unregulated environment may lack the systems and controls infrastructure UCITS requires.
UCITS funds increase the operational risk for investment managers and can bring firms within the FSA Treating Customers Fairly initiative. The FSA feels that a UCITS III bandwagon is developing, so managers cannot afford to cut corners when launching one of these funds as the FSA keeps a close eye on the sector.
IMS is committed to providing practical, yet cost effective, solutions which will meet the needs of all stakeholders establishing UCITS. We can help firms, either directly or via professional partners, in a variety of ways;
- Project management of the fund development and launch
- Selection of appropriate service providers
- Ensuring appropriate regulatory permissions and compliance for the manager
- Developing appropriate control frameworks and monitoring of investment restrictions and pricing arrangements
- Support in developing distribution arrangements.
If you would like to speak to someone about our UCITS services please contact Jonathan Wilson or Stephen Burke on +44 (0)20 7408 2448
