First APAC openfunds working group - hosted by fundinfo with kind support of UBS
May 30, 2018 |
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On May 18, 2018, Private banks and investment-relevant decision makers met in Hong Kong for the first APAC openfunds working group session hosted by fundinfo. About 20 APAC and European representatives discussed the openfunds initiative and exchanged their experiences with the openfunds standard. The focus was on how openfunds can be used to reduce operating burdens in the Asia-Pacific fund market.
The aim of the working group is to define specific definitions for the Asia-Pacific region in order to incorporate them into the openfunds standard and to facilitate compliance with regulatory requirements in Asia.