Compliance
Compliance Corner: Vistra, Ireland
The latest compliance news: regulatory developments, punishments, guidance, permissions, new product and service offerings.
Vistra
Vistra, the business
services provider, has secured clearance from the Central Bank of
Ireland to provide fund administration services from
Ireland.
As part of the build-out of its fund administration network, the firm said Vistra Funds Services (Ireland) has appointed Aimee Gill, chief executive and head of fund accounting, Paul McDonald, head of investor services, and Jacqueline Evbodaghe, head of risk and compliance.
As a European Union member state, Ireland’s status as a funds hub giving access across the EU bloc was paradoxically underscored by the UK’s vote to leave the Union in 2016.
“Ireland is an integral hub for the investment funds industry and an important gateway between our clients in the US, UK, and Europe, as well as a jurisdiction increasingly on the radar of those based in Asia,” Cliona O'Faolain, managing director, Vistra Ireland, said.
