UK - The cash management industry has welcomed the UK Financial Services Authority's (FSA) quarterly consultation paper, which broadens the regulations for the usage of cash management funds, increasingly being used by pension funds for collateral management.
The International Securities Lending Association (ISLA) was in talks with the FSA earlier this year with aim of extending the use of these vehicles by Collective Investment Schemes. The FSA regu...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
