Tag Archive for 'collective investment schemes'

New global rules for collective schemes from IOSCO

The International Organization of Securities Commissions (IOSCO) published on 4 March a report on liquidity risk management for collective investment schemes (CIS)

Kenya licences first ethical Islamic finance fund

Kenya has licensed its first ethical fund, an Islamic fund issued by FCB Capital, a sharia-compliant investment bank, and aims to become the centre of Islamic finance in East Africa, calling for the set-up of a council to advise on Islamic finance products.

UK’s regulator FSA warns on unregistered “ethical” tree investment schemes

The UK’s regulator, the Financial Services Authority (FSA), has issued a warning about unregulated “sustainable, ethical and alternative” investments. It says: “We are seeing an increasing number of overseas schemes that offer investment opportunities in tree and crop plots abroad, and other ethical investments.”

Stock Exchange of Mauritius aims to be global centre for listing funds

The dynamic Stock Exchange of Mauritius is pushing ahead with building itself as a secure base for international funding transactions and an African alternative to international listing venues. It is moving to becoming a multi-product exchange aimed at the international market.