As part of a so-called “footprint rationalization” strategy, Deutsche is closing its Argentine and Mexican operations while trimming by about 50% its staffing in Brazil as it moves trading elsewhere.
Relaunch of Colombian fund industry set for 2014
January 16, 2014 by
The most important changes in the new rules include allowing specialization of the various activities required to operate mutual funds, fast-tracking the authorization and distribution process for funds investing in traditional assets, and a more prominent role for custodians. In addition, non-Colombian securities registered in MILA countries would now be considered "traditional" assets.
