Sign up for free newsletter

 

Legal & Regulation

Peter Niven, chief executive of Guernsey Finance

Guernsey Finance welcomes tax consultation document

Wed, 23/06/2010 - 13:15

The Guernsey Government’s publication of a consultation document on its future corporate tax regime has been welcomed by the promotional agency for the island’s finance industry. »

Short selling

ASIC starts reporting of short positions

Wed, 23/06/2010 - 05:54

The Australian Securities & Investments Commission has started daily reporting of aggregated short positions, which will be published on the ASIC website. »

Gibraltar

Gibraltar ends distinction between onshore and offshore business

Sun, 20/06/2010 - 14:05

The government of Gibraltar has published the text of the new, amended and consolidated Income Tax Act, which ends all distinction between “onshore” and “offshore” business. »

Islamic

Islamic banking regulation to be implemented in Afghanistan

Fri, 18/06/2010 - 06:19

H.E. Abdul Qadir Fitrat, governor of the Central Bank Afghanistan, says the regulation of Islamic banking in Afghanistan should be implemented in the country within next two months. »

Fraud

SEC charges money manager and firm touting ties to Belgian royal family

Tue, 15/06/2010 - 16:04

The Securities and Exchange Commission has charged a New York-based money manager and his firm with fraud for touting investments he claimed were tied to the Chimay royal family of Belgium, and then stealing millions of dollars to pay his divorce lawyers and the mortgage on his house in the Hamptons. »

Barred

CFTC denies OCC rule amendment

Tue, 15/06/2010 - 10:39

The Commodity Futures Trading Commission has issued a notice of non-approval of a rule amendment submitted by the Options Clearing Corporation.  »

SFA chief executive Matthäus Den Otter

Implications of alternatives directive unclear, says Swiss Funds Association

Tue, 15/06/2010 - 06:15

The Swiss hedge fund industry is well positioned but the implications of the Directive on Alternative Investment Fund Managers are still unclear, the Swiss Funds Association says. »

Jane Diplock, chairman of Iosco's executive committee

Securities regulators adopt new principles and increase focus on systemic risk

Sun, 13/06/2010 - 14:24

The International Organization of Securities Commissions has published its revised Objectives and Principles of Securities Regulation to incorporate eight new principles, based on the lessons learned from the recent financial crisis and subsequent changes in the regulatory environment. »

Regulation books

CFTC proposes rule for co-location/proximity hosting services

Sun, 13/06/2010 - 11:58

The Commodity Futures Trading Commission has proposed a rule that specifies requirements for designated contract markets, derivatives transaction execution facilities and exempt commercial markets that list significant price discovery contracts and offer co-location and/or proximity hosting services to market participants.  »

Regulation

Fund managers face regulatory challenges, says Northern Trust

Thu, 10/06/2010 - 06:25

Northern Trust says that if investment managers are to navigate the intricacies of pending new European regulations they cannot look at each regulation in isolation. »

Gavel

FSA levies largest ever fine of GBP33.32m on JPMorgan Securities

Fri, 04/06/2010 - 06:04

The UK’s Financial Services Authority has fined JPMorgan Securities GBP33.32m for failing to protect client money by segregating it appropriately. »

Jonathan Rigby, group managing partner, Mourant Ozannes

Mourant Ozannes merger creates one of the largest offshore law firms

Wed, 02/06/2010 - 10:57

Ozannes and Mourant du Feu & Jeune, two offshore law firms, have merged to create Mourant Ozannes. »

Federal Court imposes USD1.4m civil penalty against David A Owen

Federal Court imposes USD1.4m civil penalty against David A Owen

Mon, 31/05/2010 - 14:07

The US Commodity Futures Trading Commission (CFTC) has obtained a USD1.4 million civil monetary penalty against David A Owen of Destin, Florida, in a commodity fraud action. »

Frozen funds

ASIC publishes information for investors in frozen funds

Wed, 26/05/2010 - 14:16

The Australian Securities and Investments Commission has published information to better inform investors in frozen funds about their rights in relation to the freezing of funds and to confirm which entities have received relief to assist in the redemption of funds. »

Regulation

Citi assists clients with new money market fund regulations

Wed, 26/05/2010 - 11:06

Citi’s investor services business is launching a range of services to help fund clients comply with new money market rules put forth by the Securities and Exchange Commission. »

Report

Iosco publishes principles on cross border supervisory cooperation

Tue, 25/05/2010 - 16:06

The International Organization of Securities Commissions has published a set of principles regarding cross-border supervisory cooperation developed by its technical committee’s task force on supervisory cooperation. »

Tick

LCH.Clearnet SA becomes recognised overseas clearing house

Tue, 25/05/2010 - 12:32

LCH.Clearnet SA has been granted recognised overseas clearing house status by the UK Financial Services Authority.  »

German flag

Germany’s measures on sovereign debt markets counterproductive, says Edhec

Sun, 23/05/2010 - 11:10

The Edhec-Risk Institute believes the unilateral measures taken by Chancellor Merkel on the sovereign debt markets, both on the short selling of sovereign bonds and credit default swaps, are counterproductive, inconsistent and liable to hinder European growth. »

Mary Schapiro, Chairman, Securities and Exchange Commission (SEC)

SEC proposes stock-by-stock circuit breaker rule

Thu, 20/05/2010 - 11:57

In response to the market disruption of 6 May, the SEC and the Financial Industry Regulatory Authority (FINRA) are proposing new rules under which they would pause trading in certain individual stocks if the price moves 10 per cent or more in a five-minute period. »

Andrew Baker, chief executive of Aima

Ecofin proposals on alternatives directive impractical, says Aima

Thu, 20/05/2010 - 10:43

The Alternative Investment Management Association says it is concerned that many of the proposals in the texts of the Alternative Investment Fund Managers Directive discussed by the European Parliament’s Economic and Monetary Affairs Committee and European finance ministers at the Ecofin meeting are impractical and unworkable. »

Law books and gavel

KPMG challenges ASIC's action for Westpoint investors

Wed, 19/05/2010 - 16:08

The Australian Securities and Investments Commission says it will vigorously defend the constitutional challenge that accounting firm KPMG has initiated in the High Court of Australia against the Commonwealth of Australia and ASIC. »

Market

NYSE Euronext welcomes SEC decision on single-stock circuit breakers

Wed, 19/05/2010 - 15:20

NYSE Euronext has welcomed the Securities and Exchange Commission’s move to gain the agreement of exchanges and trading venues on the implementation of industry-wide single-stock circuit breakers.  »

Magnifying glass

MEPs call for more transparency around hedge funds

Wed, 19/05/2010 - 06:10

The European Parliament’s Economic and Monetary Affairs Committee has adopted its position on the draft EU law regulating managers of alternative investment funds, including hedge funds. »

Strategic Life Settlement Fund receives regulatory approval

Strategic Life Settlement Fund receives regulatory approval

Tue, 18/05/2010 - 10:36

PCE Investors has received regulatory approval from the Irish Financial Regulator for The Strategic Life Settlement Fund, a limited liquidity investment company with variable capital incorporated with limited liability in Ireland. »

Robert Taylor, chief executive at Kleinwort Benson

FSA approves change of control at Kleinwort Benson

Tue, 18/05/2010 - 06:01

RHJ International has received approval from the Financial Services Authority to become the controller of the UK and Channel Islands private bank and wealth management group Kleinwort Benson.  »

Guernsey’s Chief Minister Lyndon Trott

Chief Minister reinforces Guernsey’s tax credentials in Washington

Fri, 14/05/2010 - 05:56

Guernsey’s Chief Minister Lyndon Trott has been reinforcing the island’s position as a leader in tax transparency during meetings with officials in Washington. »

CFTC and SEC create advisory committee on emerging regulatory issues

CFTC and SEC create advisory committee on emerging regulatory issues

Wed, 12/05/2010 - 12:09

Commodity Futures Trading Commission chairman Gary Gensler and Securities and Exchange Commission chairman Mary Schapiro have formed a joint committee that will address emerging regulatory issues.  »

Walkers sees increased demand for insolvency and recovery in Asia

Walkers sees increased demand for insolvency and recovery in Asia

Thu, 06/05/2010 - 13:05

Offshore law firm Walkers says it has seen burgeoning growth in its insolvency and corporate recovery practice, especially in Asia. »

BNP Paribas completes SAS 70 Type 2

BNP Paribas completes SAS 70 Type 2

Wed, 05/05/2010 - 13:50

BNP Paribas has successfully completed a SAS 70 Type 2 examination of its US alternative fund administration, fund of hedge fund custody operations, and general computer controls. »

Law firm Hogan Lovells is launched

Law firm Hogan Lovells is launched

Tue, 04/05/2010 - 10:36

Law firms Hogan & Hartson and Lovells and completed the combination of their two firms. »

features
Special report
Hedge Fund Technology 2015

Hedge Fund Technology 2015

Tue, 19/05/2015 - 11:00

This keynote Hedgeweek Special Report surveys the key technology products and software solutions available to hedge funds,, and drills down into each one through interviews and analysis to summarise their benefits to COOs, CTOs and CFOs at hedge funds... »

Article
Survey

Voting for the 5th edition of the Hedgeweek USA Awards, which recognise excellence among hedge fund managers and service providers around the world, is now open. ... »

Article
Locked door

Cybersecurity issues have existed as long as the internet. What seems to have changed in the last 18 months is not only that the nature of the breaches has become more sophisticated, but also the fact that hedge funds have become a much bigger target.  ... »

Special report
Commodities 2015: The outlook for investors

Investing in commodities can yield handsome returns, but investors need to focus sharply on timing and diversify their portfolios away from traditional safe havens and into sectors such as agriculturals and products such as ETFs. As one expert reveals in this special report, "Gold is not the only yellow commodity one should have in their portfolio"... »

Special report
Hedgeweek Global Awards 2015 – The Winners

Read the complete list of Winners and profiles at the sixth edition of the Hedgeweek Awards, presented in London's Mayfair and sponsored by Morgan Stanley, which brought together the leading names in the global hedge funds industry to celebrate the achievements of the best performing managers and service providers in 2014... »

latestjobs
QA Engineer/SoftwareTest- Prop Trading Firm

Thu, 21 May 2015 00:00:00 GMT

VP FX Algo Strategy Java Developer

Thu, 21 May 2015 00:00:00 GMT

PHD Software Engineers/Quantitative Engineers

Thu, 21 May 2015 00:00:00 GMT

specialreports