Sanne granted Irish depositary services licence
Sanne has secured a specialised depositary licence from the Central Bank of Ireland.
The fund administrator claims to be the first successful applicant for the licence.
Sanne Depositary Services provides depositary services to collective investment schemes to comply with all AIFMD obligations. The licence expands the fund administrator’s current Irish offering, which caters for Irish domiciled closed-end funds.
Philip Dempsey, head of Sanne Ireland said, “Our new specialised depositary licence proves Sanne understands our client needs, and provides them with a strategic advantage where, through market leading innovation, and first mover advantage, we can support their demands in a multi-jurisdictional world.
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