Investment Operations

NICSA Releases 2019 Reference Guide for Transfer Agent Compliance Standards

Derivatives Trade Lifecycle Training

Asset management trade group NICSA has released its 2019 Transfer Agent Compliance Guide. According to the group, the guide, which was produced by Donnelley Financial Solutions (DFIN), provides members of the global asset management industry with a one-stop, comprehensive resource of current compliance updates and standards as they relate to the transfer agent function. Analysts have long regarded the Guide as a definitive resource in the transfer agency community.

NICSA’s Transfer Agent Committee, which meets regularly to monitor and discuss trends in mutual fund transfer agent operations, compiled the centralized listing of laws, rules and regulations applicable to mutual fund transfer agents as a service to the transfer agency community. Reed Smith, a global law firm and a long-time NICSA member, vetted the citations identified by the Committee and authored Chapter introductions.

“NICSA’s mission is to provide a platform for industry participants to collaborate and advance best practices, and the NICSA Transfer Agent Compliance Guide is a great example of our mission statement in action,” said Jim Fitzpatrick, President of NICSA. “Serving as an educational resource, it leverages the depth of expertise within one of NICSA’s longest standing committees, the TA Committee,” he added.

The 2019 Edition of the guide was launched at the NICSA’s Strategic Leadership Forum, held in Ponte Vedra Beach, Florida from April 3 – 5, where attendees of the event were offered complimentary reference guides.