The MoneyLab Blog

Paul Richardson, The Share Centre Limited

Recent Posts

11 questions to ask before selecting an EIS custodian & administrator

Posted by Paul Richardson, The Share Centre Limited on 04-Dec-2018 09:41:51


The selection of an EIS Custodian for your fund(s) can be a very confusing and time consuming business and this difficulty has increased with the increased regulatory requirements of Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation & The Markets in Financial Instruments Directive (MIFID II).  

Read More

Topics: fund management

10 questions to ask when selecting an EIS fund custodian

Posted by Paul Richardson, The Share Centre Limited on 18-Apr-2016 18:08:20

 

The selection of an EIS Custodian for your fund(s) can be a very confusing and time consuming business. This article will, hopefully, make this selection clearer and quicker to ensure you have the best EIS custodian for your requirements.

At its simplest an EIS custodian & administrator is a financial institution that holds customers assets on behalf of the Fund Manager for the beneficial owner; the investor.  Thus, the main responsibility of the Custodian is to physically hold the assets, whether in paper or nominee form, account for them, report these holdings to the fund manager & investor and to execute the required transactions.

Read More

Topics: EIS Funds, SEIS funds, SITR funds