Press Release & Media

Do Regulators Accept ‘License Borrowing’?

FamilyWealthReport

21/03/2024

Writing in FamilyWealthReport, CEO of Sales Road Maps Online Ltd® Cathy Brand considers the cross-border issues that arise in marketing funds, taking up the case of Canada.

Cathy Brand has written before in the pages of FamilyWealthReport about the importance of documentation in compliance.

This article demonstrates that one of the largest hurdles our alternative investment fund manager (AIFM)/asset manager clients face when fundraising cross-border in foreign jurisdictions is the “licensing challenge.”

This post explores the concept of AIFM/asset manager service level agreements (“intracompany SLAs”) between affiliates within the same company (aka “license borrowing”) and how NCAs treat this practice.

Download the article using the button above to find the answer.