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Distributors feeling the compliance strain

Georgina Lee
The funds industry in Asia is suffering due to regulatory pressure on product distributors and custodians around anti-money laundering and mis-selling, according to a recent survey.
Distributors feeling the compliance strain

Fund distributors say they face unprecedented pressure from regulators keen on stamping out mis-selling and money laundering, which has made it difficult to even open a bank account for fund investment.

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