Legal & Regulation

On 7 October the Russian delegation led by President Medvedev signed with their respective Cyprus counterparts a protocol to the Russia-Cyprus double tax treaty. »

Funds managed by QVT Financial have filed a lawsuit against Eurohypo and two of its Delaware subsidiaries.  »

The European Life Settlements Association has launched a code of practice designed to increase protection for investors in the expanding asset class of life settlements. »

Algorithmics, a provider of risk solutions, says Basel III is lacking in its conceptual approach to capital and liquidity. »

The FSA has fined a former cash equities broker GBP252,239 and banned him from working in the financial services industry for “acting without integrity”. »

A new fund structure for Jersey has been devised by Jersey-based law firm Crill Canavan and fund administrator Herald Fund Services. »

Lawyers from Carey Olsen’s corporate team have provided Guernsey legal and regulatory advice to Stenham Asset Management, the London based fund of hedge funds group, on its acquisition of Montier Partners. »

Deutsche Börse Group has welcomed the intended regulation on over-the-counter derivatives, central counterparties and trade repositories as presented on Wednesday by the European Commission. »

The European Fund and Asset Management Association has welcomed the publication of a regulation on over-the-counter derivatives, central counterparties and trade repositories. »

Bolsas y Mercados Espanoles, the Spanish stock exchange operator, and Clearstream, the post trade arm of Deutsche Börse Group, have welcomed the details on trade repositories for over-the-counter derivatives published by the European Commission. »