INDOS receives CBI approval for depositary services in Ireland

INDOS Financial (Ireland) Depositary Limited, part of INDOS Financial, has received regulatory approval from the Central Bank of Ireland to provide depositary services to private equity, real estate and other alternative investment funds under Regulation 22(3)(b) of Ireland’s AIFM regulation. INDOS, which was acquired by JTC earlier this year, has operations in the UK and Ireland, providing full depositary and depositary-lite services to 75 managers, 150 funds and USD38bn of hedge, private equity, real estate and infrastructure assets.