The Investment Association (IA) has formed a cooperative partnership with the Irish Association of Investment Managers (IAIM).
The partnership will allow both organisations to work cooperatively on issues of mutual interest, as well as share intelligence on key regulatory and legislative initiatives, the IA said in a statement.
The two trade bodies will also strengthen interactions at an international level. This includes work on initiatives which will boost the reputation and profile of the global industry, such as within diversity and inclusion.
Chris Cummings, chief executive of the Investment Association, said: “This partnership will bring greater collaboration, the sharing of intelligence, and the bolstering of our efforts at an international level and is a natural extension of our existing close ties with IAIM. Together we’ll be able to champion several policy objectives, including on facilitating cross-border activity and the free flow of capital, promoting responsible and sustainable investing practices, and supporting international regulatory coherence.”
Cummings added the trade body hopes to expand partnerships to allow an even greater collaboration with global partners.
Michael D’Arcy, chief executive of the IAIM, said: “IAIM and IA have many common members and we see this partnership as a way of delivering a more holistic and seamless bridge to the EU via our strong and robust regulatory jurisdiction.
“Together with the Investment Association we look forward to working on many initiatives for the mutual benefit of our members and the provision of a stable asset management offering to European investors.”
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