INDOS Financial has selected the accountancy and business advisory firm BDO to provide advisory and SOC 1/ ISAE 3402 (formerly known as SAS70) assurance services to its Alternative Investment Fund Managers Directive (AIFMD) depositary oversight business.
Bill Prew, CEO of INDOS Financial, commented: “We have already made a significant investment developing our AIFMD depositary oversight procedures and recognize the importance of ensuring they are robust and fit for purpose. We are committed to delivering independent SOC1/ ISAE 3402 assurance reporting to our clients. We selected BDO because they have significant experience of both the AIFMD and working with the hedge fund industry including hedge fund managers, their funds and service providers.”
INDOS Financial Selects BDO For Assurance Services
INDOS Financial has selected the accountancy and business advisory firm BDO to provide advisory and SOC 1/ ISAE 3402 (formerly known as SAS70) assurance services to its Alternative Investment Fund Managers Directive (AIFMD) depositary oversight business.