On October 30, ICI responded to the United Kingdom (UK) Accelerated Settlement Taskforce Technical Group (AST TG) consultation report. The Report sets forth draft operational recommendations to facilitate the UK's move to shorten its settlement cycle from two days after the trade date...
The Investment Company Institute submitted its views on the European Securities and Markets Authority’s consultations regarding draft regulatory technical standards and guidelines on liquidity management tools, which have been proposed as part of the amendments to the Alternative...
On September 13, ICI submitted a comment letter in response to the European Commission’s targeted consultation on artificial intelligence in the financial sector. The key positions in the response are consistent with ICI’s response to the US Treasury’s request for information on AI in...
Brussels, Belgium; September 9, 2024—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement regarding the Draghi report on the future of the EU’s competitiveness: “ICI welcomes the valuable insights former European Central Bank President...
Brussels, Belgium, September 5, 2024—The Investment Company Institute (ICI) announced today that Tracey Wingate, Deputy Chief of Global Affairs and former ICI Chief of Staff, will transition to a new role as Chief Global Affairs Officer, with Anke Klein joining as Managing Director of...
The e Investment Company Institute submitted a letter to the Financial Crimes Enforcement Network proposed amendments that would enhance anti-money laundering/countering the financing of terrorism program requirements for financial institutions already subject to AML/CFT requirements...
ICI Global provided comments in response to the Call for Evidence from the European Securities and Markets Authority (ESMA) on the UCITS Eligible Assets Directive (UCITS EAD). Key messages to ESMA were: The importance of striking a balance between (1) preserving the existing framework...
ICI provided comments on the US Department of the Treasury’s (Treasury) Notice of Proposed Rulemaking regarding Provisions Pertaining to US Investments in Certain National Security Technologies and Products in Countries of Concern (NPRM), which has been issued as the second step in...
