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If you provide a DIMS you will be affected by the changes, and need to start planning now. This downloadable Financial Law Insight provides an overview of the changes and the options you will need to consider such as:
• what is a DIMS under the FMC reforms?
• who can provide a DIMS?
• new obligations
• applying for a DIMS licence
• custody changes
• transitional issues
• options for retail DIMS providers.
We are already working with some clients on their response to the reforms. If you need further information or assistance, please contact one of our experts or email the team at email@example.com