Norway's asset management association welcomes FSA's push to comply with MiFID II
The Norwegian Fund and Asset Management Association is going to discuss the FSA's letter in which the watchdog noted that lower distribution costs should benefit clients and not the asset managers with its members. This fund organization may amend its model agreements, its CEO tells AMWatch.
It is good that the Norwegian Financial Supervisory Authority has provided guidance to local asset management industry, says CEO of Norwegian Fund and Asset Management Association (VFF) Bernt S. Zakariassen.
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