Legal & Regulation

Regulation

Regulatory change slowing growth among financial services firms, says SunGard

Regulatory change is second only to market volatility as an executive issue for financial services firms, according to research by SunGard. »


Fraud

SEC brings fraud charges against two Wall Street traders involved in parking scheme

The SEC has charged two Wall Street traders involved in a fraudulent “parking” scheme whereby one temporarily placed securities in the other’s trading book to avoid penalties that would affect his year-end bonus. »


Fiona Le Poidevin, Guernsey Finance

Why AIFMD makes it MORE attractive to (re)domicile or co-domicile in Guernsey

By Fiona Le Poidevin – The implementation of AIFMD provides increased reasons to (re)domicile or co-domicile funds in the third country of Guernsey, says Fiona Le Poidevin, Chief Executive of Guernsey Finance. »


Gavel and scales

CFTC revokes registrations of Chicago Trading Managers

The US Commodity Futures Trading Commission (CFTC) has revoked the registrations of Chicago Trading Managers (CT Managers).  »


Short selling

SEC charges Bermudian investment adviser and principal for illegal short selling

The Securities and Exchange Commission (SEC) has filed a civil injunctive action against Revelation Capital Management and its principal, Christopher PC Kuchanny, alleging illegal short selling. »


Completed

ConceptONE RegERM platform completes first AIFMD Annex IV filing

ConceptONE has completed one of the first Alternative Investment Fund Managers Directive (AIFMD) Annex IV transparency reports.  »


Gavel

SEC charges two college professors in naked short selling scheme

The Securities and Exchange Commission (SEC) has charged a pair of Florida college professors with perpetrating a complex naked short selling scheme for more than USD400,000 in illicit profits. »


Geoff Cook, chief executive of Jersey Finance

Jersey’s ‘future proof’ funds regime to be showcased to London audience

Jersey’s position as the first “third country” to offer the option of a fully-compliant AIFMD regime is set to be highlighted at Jersey Finance’s annual funds conference in London this year. »


Tax

Finance professionals risk reputations by ignoring tax

Fewer than four in ten of those working in banks, asset managers and hedge funds believe investments in corporate tax policy have a significant impact on reputation, according to a new report from Kinetic Partners. »


Magnifying glass

SEC issues risk alert on investment advisers’ due diligence when selecting alternatives

The Securities and Exchange Commission’s office of compliance inspections and examinations (OCIE) has issued a risk alert on the due diligence processes that investment advisers use when they recommend or place clients’ assets in alternative investments such as hedge funds, private equity funds, or funds of private funds.   »


Upcoming events

Upcoming training

Mon, 12/05/2014 (All day) - Dubai
Tue, 13/05/2014 (All day) - Dubai