Sign up for free newsletter

 

Legal & Regulation

Gary Gensler, Chairman, CFTC

Final block rule for swaps is critical for transparency

Fri, 17/05/2013 - 12:59

The final block rule for swaps is critical to promoting transparency in this once opaque market, says US Commodity and Futures Commission Chairman, Gary Gensler… »

Irish flag

Central Bank of Ireland launches AIFMD regime

Thu, 16/05/2013 - 14:10

The Central Bank of Ireland has issued the necessary application forms and accompanying rules to allow alternative investment fund managers (AIFMs) and alternative investment funds (AIFs) to apply for authorisation under the new Alternative Investment Fund Managers Directive (AIFMD). »

Nicola Smith, chief executive of Helvetic

EU proposal will only cause more confusion, says Helvetic

Fri, 10/05/2013 - 11:45

In light of continual struggles from European fund managers to comply with the impending AIFMD directive, Nicola Smith, chief executive of hedge fund administrator Helvetic, says that plans by the European Commission to introduce liquidity buffers and leverage caps on financial firms have come at the most inopportune time. »

Regulation

Impact of new regulations top concern in addressing systemic risks

Fri, 10/05/2013 - 10:05

The impact of new regulations in the financial services industry is by far the most important systemic-risk concern facing the global capital markets, according to a recent client survey conducted by The Depository Trust & Clearing Corporation (DTCC). »

Gus Black, Dechert

Understanding the legal issues of structuring a hedge fund and Fund Management Company

Tue, 07/05/2013 - 06:00

One of the discussion panels at the Bloomberg Hedge Fund Start-up Conference on 28 November 2012 in London explored some of the legal issues start-up managers need to think about when establishing both the fund, and the fund management structure. Entitled Legal: Getting it Right from the Start, the panellists included Gus Black, Dechert LLP (pictured); Richard Perry, Simmons and Simmons LLP and Chris Hilditch, Schulte Roth & Zabel LLP. »

Cayman's Premier Juliana O'Connor-Connolly

Cayman commits to G5 multilateral exchange pilot

Fri, 26/04/2013 - 14:01

The Cayman Islands has indicated to the UK government that it is committed to joining the G5 pilot, recently announced by the UK, France, Germany, Italy and Spain, on multilateral automatic exchange of tax information. »

Geoff Cook, chief executive of Jersey Finance

Jersey Finance welcomes DTA with Luxembourg

Mon, 22/04/2013 - 11:34

Jersey Finance has welcomed the signing of a Double Taxation Agreement (DTA) between the authorities in Jersey and Luxembourg. »

Regulation

IOSCO consults on principles for financial benchmarks

Wed, 17/04/2013 - 12:00

The International Organisation of Securities Commissions (IOSCO) has published a consultation paper on Principles for Financial Benchmarks, which seeks public comments on a set of high-level principles for benchmarks used in global financial markets. »

Regulation

Man Group makes changes to its regulatory capital position

Thu, 11/04/2013 - 16:00

Man Group has confirmed with the Financial Conduct Authority (FCA) the change of its regulatory status from being a Full Scope Group to a Limited Licence Group. »

Laurent Vanderweyen, Luxembourg chief executive and head of fund services, Alter Domus

Alter Domus to provide AIF depository services

Wed, 10/04/2013 - 10:06

Alter Domus, a provider of administration services for alternative investment funds and multinational corporations, will be offering depositary services in Luxembourg and expects to be in the first wave of regulatory approvals. »

Jay Gould, partner, Pillsbury Winthrop Shaw Pittman LLP

SEC puts hedge fund managers on notice regarding compensation arrangements for sales

Tue, 09/04/2013 - 14:37

By Jay Gould, partner, Pillsbury Winthrop Shaw Pittman LLP – In a speech before the American Bar Association’s Trading and Markets Subcommittee on 5 April, 2013, David Blass, the Chief Counsel of the Division of Markets and Trading, put hedge fund managers and private equity fund managers on notice that they may be engaged in unregistered (and therefore, unlawful) broker dealer activities as a result of the manner by which hedge fund managers compensate their personnel and, in the case of private equity fund managers, the receipt of investment banking fees with respect to their portfolio companies. »

Michael Spencer, group chief executive officer of ICAP

ICAP warns on potential impact of financial transactions tax

Mon, 08/04/2013 - 11:49

ICAP, an interdealer broker and provider of post trade risk and information services, has released its analysis of the potential impact of implementing a financial transactions tax (FTT). »

Fiona Le Poidevin, Guernsey Finance

Why quality is key in a fund domicile

Mon, 08/04/2013 - 05:00

As managers and investors look for fund domiciles with a focus on quality, Fiona Le Poidevin (pictured), Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, explores how Guernsey is well positioned to meet these evolving needs. »

Document signing

Bermuda prepares to sign AIFMD cooperation agreement with ESMA

Mon, 01/04/2013 - 16:23

The Bermuda Monetary Authority is advancing preparations to sign a cooperation agreement with Europe under the Alternative Investment Fund Managers Directive (AIFMD). »

ASIC deputy chairman Belinda Gibson

ASIC consults on trade reporting obligations for OTC derivatives

Thu, 28/03/2013 - 12:01

The Australian Securities and Investments Commission (ASIC) has proposed draft rules addressing the mandatory trade reporting obligations for over-the-counter (OTC) derivatives such as interest rate swaps. »

Rolston Anglin, Minister for Financial Services, Cayman Islands

Cayman creates incorporated cell companies

Thu, 28/03/2013 - 06:06

A framework for incorporated cell companies in the insurance sector was created in the Cayman Islands on 25 March, when the Legislative Assembly passed an amendment to allow the registration of portfolio insurance companies (PICs) within segregated portfolio company insurers (SPCs). »

Information sign

New Stream Capital Fund Limited segregated account class B, E, H, K, L, N and O – Notice of Intention to Distribute Assets

Thu, 28/03/2013 - 00:02

IN THE SUPREME COURT OF BERMUDA COMMERCIAL LIST COMPANIES (WINDING-UP) 2010: No. 312 IN THE MATTER OF NEW STREAM CAPITAL FUND LIMITED AND IN THE MATTER OF THE COMPANIES ACT 1981 AND IN THE MATTER OF THE SEGREGATED ACCOUNTS COMPANIES ACT 2000 notice OF INTENTION TO DISTRIBUTE ASSETS  »

Fiona Le Poidevin, Guernsey Finance

Why quality is key in a fund domicile

Wed, 27/03/2013 - 16:00

As managers and investors look for fund domiciles with a focus on quality, Fiona Le Poidevin (pictured), Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, explores how Guernsey is well positioned to meet these evolving needs. »

Survey

Fund managers still have AIFMD concerns, says Northern Trust survey

Wed, 27/03/2013 - 12:00

While 86 per cent of respondents to a Northern Trust survey say they broadly understand the implications of the Alternative Investment Fund Manager Directive, close to 70 per cent feel their investors are not engaged in AIFMD considerations. »

Law books and gavel

Cayman amendment paves way for AIFMD compliance

Mon, 25/03/2013 - 19:14

To facilitate the marketing of Cayman hedge funds in the European Union, the Cayman Islands Government has passed an amendment that allows the jurisdiction’s regulator to enter into memoranda of understanding with its EU counterparts, using a model MoU developed by the European Securities Markets Authority (ESMA). »

Regulation

BNP Paribas expands its global set-up for AIFMD

Mon, 25/03/2013 - 16:05

BNP Paribas Securities Services has reinforced its global offering ahead of the Alternative Investment Fund Managers Directive (AIFMD), which is set to significantly transform the fund management industry. »

BVI

Withers wins BVI hedge fund liquidation case for Baker Tilly

Thu, 21/03/2013 - 16:00

The BVI Court has confirmed the appointment of John Greenwood and Hadley Chilton of Baker Tilly (BVI) Limited as liquidators of four hedge funds incorporated in the BVI, and has decided that a US receiver attempting to claim assets owned by the hedge funds would not be recognised by the BVI Court. »

Cayman Islands and Brazil sign TIEA

Cayman Islands and Brazil to exchange tax information

Thu, 21/03/2013 - 11:59

The Cayman Islands Government signed its 31st Tax Information Exchange Agreement (TIEA) with the Republic of Brazil on 19 March. »

Dark liquidity

ASIC reports on dark liquidity and high-frequency trading

Mon, 18/03/2013 - 11:50

ASIC has released a report and a consultation paper examining the impact of dark liquidity and high-frequency trading on Australia's financial markets. »

Gonzalo Jalles, chief executive, Cayman Finance

Cayman opts for Model 1 IGA for FATCA

Mon, 18/03/2013 - 10:01

The Cayman Islands Government is to adopt a Model 1 intergovernmental agreement (IGA) in response to the US Foreign Account Tax Compliance Act (FATCA). »

Geoff Cook, chief executive, Jersey Finance

Jersey AIFMD plans on track

Fri, 15/03/2013 - 10:05

Jersey remains on track to meet the requirements of the EU Alternative Investment Fund Managers Directive (AIFMD) and will introduce new fund regulations in April. »

Law books and gavel

Court hands down key judgment on BVI hedge fund insolvencies

Wed, 13/03/2013 - 10:03

The Court of Appeal of the Eastern Caribbean Supreme Court on 11 March handed down an important ruling on the question of where investors stand in the “waterfall” of distributions in the liquidation of investment funds under British Virgin Islands law. »

Ingrid Pierce, global managing partner, Walkers

Walkers named Best Offshore Law Firm in Hedgeweek Awards

Tue, 05/03/2013 - 10:06

Law firm Walkers’ hedge fund team has been named top provider of offshore legal services by readers of Hedgeweek, one of the key publications serving the hedge funds and alternative investment industry. »

Jan Hoffmeister, co-founder, Drooms

Drooms launches virtual data room solution for AIFMD compliance

Mon, 04/03/2013 - 11:58

Drooms has launched AIFMD/command, a virtual data room solution for the large number of fund managers who are lacking the resources to comply with the incoming reporting obligations under the Alternative Investment Fund Management Directive. »

Magnifying glass

Orical launches Reliance Hub to improve hedge fund compliance and operational standards

Thu, 28/02/2013 - 14:06

The founding partners of Orical have launched Reliance Hub, which assists private fund managers and other companies in maintaining compliance and operational programmes that represent industry best practices. »

events
1 day 59 min from now - Vienna
5 days 13 hours from now - New York
1 week 59 min from now - Hong Kong
1 week 59 min from now - Frankfurt
training
Tue, 07/03/2017   - London
Sun, 19/03/2017   - London
Mon, 20/03/2017   - London
listingsdirectory
IKONIC Fund Services Ltd.
Tue, 29/11/2016 - 11:28
Backstop Solutions Group
Tue, 08/11/2016 - 17:44
The Gemini Companies
Mon, 17/10/2016 - 11:51
specialreports
other gfm publications