Citi report highlights UCITS delegation rules as key issue for asset managers.
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.
The watchdog has called upon UK and German regulators to revise national exemptions on collateral requirements within the UCITS framework.
Regulators are hoping to harmonise the safekeeping requirements for UCITS and AIFMD funds, however this could mean stricter record-keeping requirements.
Broadridge extends regulatory, governance and communications business to European markets through acquisition.
Financial authorities across Europe are not all singing the same song when it comes to regulation of UK funds post-Brexit, finds Charles Gubert.
HSBC will act as the custodian and fund administrator to one of the first UCITS funds to invest in China's Bond Connect scheme.