IS Funds becomes a member of SFF
The Icelandic Financial Services Association (SFF) has approved the independent membership of IS Funds, a subsidiary of Íslandsbanki, to its list of affiliates. IS Funds manages domestic and international bond and investment funds for individuals and institutional investors.
SFF or the Icelandic Financial Services Association represent all registered financial companies in Iceland, including universal banks, investment banks, savings banks, insurance companies, leasing companies, securities companies and credit card companies. SFF´s objectives are to promote a competitive operating environment for financial companies in Iceland as well as their interests internationally. SFF also strives to increase understanding of the importance of financial companies for the Icelandic economy. Membership of SFF involves direct membership of the Confederation of Icelandic Employers (SA). SA negotiates collective wage agreements on behalf of SFF's member companies.
IS Funds Ltd is a financial undertaking licensed to operate as a UCITS and investment fund management company in accordance with Article 27 of Act on financial undertakings No. 161/2002, cf. Part B of Chapter II of Act No. 30/2003.