City minister launches asset administration tech group amid post-Brexit reforms
The Treasury is launching a recent drive to bolster Britain's asset administration sector throughout a interval of intense scrutiny of the federal government's post-Brexit plans for the monetary companies trade.Sky News has learnt that Andrew Griffith, the City minister, will maintain talks on Monday with fund administration bosses after deciding to revive a physique known as the Asset Management Taskforce.
Among these in attendance are anticipated to be Patrick Thomson, CEO of JP Morgan Asset Management and chair of the Investment Association; Peter Harrison, the Schroders CEO; and Anne Richards; the CEO of Fidelity International.Representatives from the Financial Conduct Authority and different stakeholders are additionally anticipated to attend the assembly.Sources mention...