Thematic review on the organisation of depositary activities
(WorldNews Finland)

Supervision release 26 June 2019 - 31/2019 The FIN-FSA has carried out a thematic review on the organisation of depositary activities. Regulation concerning depositaries1 was tightened due to misconduct surfacing in the context of the financial crisis. The duties of a depositary are determined in detail in EU-level regulations, which entered into force regarding alternative investment funds on 22 July 2013, and regarding common funds on 13 October 2016. The thematic review was conducted by means of a survey sent to...