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ISSA WG "Liability of a fund depositary bank"

 

Working Group Chair:
Urs Staehli

Mandate:
To produce an educational paper explaining the intermediary chains, responsibilities and inherent risks - addressing not only traditional securities, but also unit shares of mutual funds (e.g. direct deposit with non-regulated registrars), derivatives, cash, etc.

Milestones:
Letter to European Commission (09/2009), PDF 125 kB
Final paper: UCITS Depositary Functions - Risks and Liabilities (10/2009), PDF 262 kB

> Members of the Working Group


(C) International Securities Services Association / ISSA