New Non-Executive Director of IPSX UK Ltd is Announced – 11th May 2017
IPSX Group last week announced the appointment of Alan Ramsay as non-executive director of IPSX UK Limited (“IPSX UK”). Subject to regulatory approval by the Financial Conduct Authority, IPSX UK will operate from London the world’s first regulated securities exchange dedicated to the IPO and secondary market trading of shares in Exchange Traded Properties (“ETPs”). ETPs are companies owning single commercial real estate assets. Investors will be able to buy and sell shares of ETPs via their stockbroker in the same way as they currently do for other securities.
Alan Ramsay has a background in compliance, regulation, banking and capital markets – latterly as a Senior Adviser to PricewaterhouseCoopers and currently as Deputy Chairman of the Chartered Institute for Securities and Investment. Alan is the former Global Head of Compliance for HSBC Bank plc, Chief Compliance Officer at Bankers Trust International and was Executive Director of Surveillance at the Securities and Futures Authority and Deputy Director of Enforcement at The Securities Association (both predecessor UK government financial regulatory entities).
Source: Sky News