Servicing and Recordkeeping
This page provides resources to help funds deliver products and services to investors as efficiently and effectively as possible, and to respond to regulatory and compliance challenges on a timely basis.
Abandoned Property and Escheatment
ICI Submits Written Statement to ERISA Advisory Council on Permissive Transfers of Uncashed Checks from ERISA Plans to State Unclaimed Property Funds (pdf)
Indication of Death: Common Industry Practices (pdf)
Focus on Funds: Fund Investors Should Be Alert to "Abandoned Property" Risk
Focus on Funds Fund Investors Should Be Alert to “Abandoned Property” Risk Pennsylvania and other...
Anti-Money Laundering and Customer Due Diligence
ICI Global Comment Letter to SEBI re FPI BO and SMO Requirements (pdf)
ICI Comment Letter on Pilot Program on Sharing of Suspicious Activity Reports and Related Information With Foreign Branches, Subsidiaries, and Affiliates (pdf)
ICI Comment Letter on Review of Bank Secrecy Act Regulations and Guidance (pdf)
Electronic Communications and Recordkeeping
ICI Applauds House Committee Passage of E-Delivery Legislation
ICI President and CEO Eric Pan released the following statement today after the House Financial...
ICI Welcomes the Improving Disclosure for Investors Act
The bipartisan ‘Improving Disclosure for Investors Act’ is an important step forward in modernizing...
ICI Letter on the SEC's Electronic Filing Proposals (pdf)
FATCA
ICI Comment Letter to IRS on FATCA Issues (pdf)
ICI Comment Letter on Form W-9 Submitted to IRS (pdf)
ICI and ICI Global Welcome U.S. Treasury Announcement of Additional Time to Implement FATCA
ICI and ICI Global Welcome U.S. Treasury Announcement of Additional Time to Implement FATCA...
Identity Theft, Red Flag Rules, and Privacy
ICI Files Comment Letter with Department of Commerce Discussing Importance of Mutual Funds' Access to the Death Master File (pdf)
ICI Files Comment Letter with SEC on FINRA's Proposed Consolidated Supervisory Rules (pdf)
ICI Letter on CFTC's Proposal to Enhance Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations (pdf)
Money Market Funds
ICI: SEC Has Missed the Mark in Money Market Fund Rulemaking
ICI President and CEO Eric Pan released the following statement regarding the Securities and...
ICI Supplemental Comment Letter on SEC's Proposed Money Market Fund Reforms (pdf)
Previous Reform Made Prime Funds Less Resilient This Time Around
Even as the market turmoil triggered by strict government mandates and social distancing due to the...