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FCA: Supervisory strategy for custody and fund services

13 Dec 2024 United Kingdom 1 min read

In this “Dear CEO” letter, FCA sets out its views on the key risks identified in the portfolio, its expectations, and a summary of the work it intends to do over the next two years.  Priority areas include: operational and cyber resilience; third-party and change management; market integrity; depositary oversight, and protection of client assets.



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