The forces of global regulatory change are in high gear, and mutual fund firms need to brace themselves for the new mandates barreling in from different parts of the world. Firms need to have the regulatory and compliance resources in place to tackle these demands, but they also need to think about rebranding themselves as more than just domestic vehicles, and nurturing a new identity that conveys a fortitude to brave international regulatory waters.

The influence of the Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO) is growing, and mutual fund firms are grappling with how to meet the new requirements of reform efforts such as those affecting pension systems in different countries around the world. There are myriad other changes from U.S. regulators with international implications such as the Foreign Account Tax Compliance Act (FATCA), which has become a considerable compliance burden for many firms.

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