Irish Funds Industry Association Tests a Regulatory Reporting Blockchain
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Irish Funds Industry Association Tests a Regulatory Reporting Blockchain
The Irish Funds Industry Association (Irish Funds) represents fund managers, custodian banks, administrators, transfer agents, professional advisory firms and other specialist firms involved in the international fund services industry in Ireland. The group revealed today that it is working with Deloitte and other industry participants to develop a blockchain proof-of-concept for regulatory reporting.
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The project focuses on the Money Market & Investment Funds Returns Reporting regulation and has participants from a number of global asset servicing and fund management institutions, including Northern Trust, State Street and Metzler.
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