Euroclear Sweden hosted 3 October the first Funds Network, a new forum gathering the Swedish fund community to discuss the future development of fund distribution. The network is  connecting all stakeholders in the fund distribution value chain –  distributors, intermediaries, system suppliers and fund companies.

The key topic of this first meeting was the new ISO standard for fund transfers. Henrik Staffas, the Chairman and representative for Swift’s Swedish user group - National Market Practice Group, led the discussion about the adoption of this new standard in the Swedish market. The new ISO messages are international standards and are already in use in the UK and Luxemburg markets, opening up possibilities for synergies between the Swedish domestic and cross-border flows.  

The next meeting will be in February 2020. If you are interested in participating, please email us at customer.relations@euroclear.eu

 

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