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Gibraltar, Switzerland Agree MoU Over Cross-Border Funds Supervision

Tom Burroughes

18 December 2014

The Gibraltar and Switzerland financial regulators have entered an agreement to exchange information and co-operate over how to supervise alternative investment funds, at a time when regulation of this area of business has been on the increase.

The Swiss Financial Markets Supervisory Authority and the Gibraltar Financial Services Commission have reached a memorandum of understanding over helping each other in overseeing alternative investment funds, delegates and depositories that work on a cross-border basis in Gibraltar and Switzerland, they said in a statement.