Legal & Regulation

SFO charges Weavering founder Magnus Petersen with fraud

Sun, 16/12/2012 - 11:30

The Serious Fraud Office (SFO) has issued criminal proceedings against Magnus Peterson, a Swedish national and the founding director of Weavering Capital (UK) Limited. »

Sapient Global Markets to assist regulatory compliance for Eris Exchange customers

Wed, 12/12/2012 - 13:05

Sapient Global Markets has been certified under the Eris Certified Implementation Partner Programme. »

ALFI publishes best practices for Islamic funds in Luxembourg

Wed, 12/12/2012 - 07:14

The Association of the Luxembourg Fund Industry (ALFI) has published its collection of best practices for setting-up and servicing Islamic funds to provide a greater level of understanding and consistency of the requirements and expectations to this growing market sector. »

Isle of Man further consolidates tax cooperation arrangements with UK

Mon, 10/12/2012 - 07:06

The Isle of Man Government has confirmed that it will be adopting tax information sharing arrangements with the UK which will follow closely the FATCA intergovernmental agreement currently being negotiated with the US. »

Simon Schilder, Ogier BVI corporate and investment funds partner

BVI to introduce new investment manager licence for smaller hedge funds

Thu, 06/12/2012 - 13:01

The British Virgin Islands Financial Services Commission (FSC), the jurisdiction’s financial regulator, has published guidelines for a new type of investment management licensing regime targeting non-institutional investment managers of small and mid-sized investment funds. »

Peter J Kalis, K&L Gates chairman and global managing partner

K&L Gates and Australia’s Middletons to combine

Wed, 05/12/2012 - 07:13

The partners of global law firm K&L Gates and Australian national firm Middletons have voted unanimously to combine firms effective 1 January 2013. »

Hedge fund ODD best practices launched by Rothstein Kass

Tue, 04/12/2012 - 17:05

In an effort to help establish a better framework for the hedge fund operational due diligence (ODD) process, professional services firm Rothstein Kass has launched a set of best practice ODD guidelines. »

EU and Swiss regulators to co-operate on cross-border supervision of alternative investment funds

Tue, 04/12/2012 - 07:01

The European Securities and Markets Authority (ESMA) has approved the co-operation arrangements between the Swiss Financial Market Supervisory Authority FINMA and the EU securities regulators for the supervision of alternative investment funds, including hedge funds, private equity and real estate funds. »

Execution and payment models for European equities to undergo change in 2013, says Tabb

Mon, 03/12/2012 - 16:49

The impact of regulation on liquidity and reduced order flows remain top priorities for over 75 per cent of the European head traders at buy-side firms currently managing an aggregate EUR14trn in assets. »