Legal & Regulation

A Cayman Islands street

Potential changes to registration requirements for Cayman master funds

On 15 February, the Cayman Islands Government issued a Financial Services Industry Advisory regarding Cayman Islands ‘master funds’ which had only one regulated feeder fund. »


 Martin Paul, Partner, Bedell Cristin

Bedell Cristin plays role in launch of Jersey’s first Private Placement Fund

Law firm Bedell Cristin has acted on the establishment of the first Private Placement Fund in Jersey following the introduction of the streamlined regulatory regime at the end of last month. »


Margaret Bailey, Director, Sales – Americas, at Lombard Risk

Lombard Risk launches Dodd-Frank Engine solution

Lombard Risk Management has addressed Title VII of the Dodd-Frank Act with its Dodd-Frank Act Engine solution. »


George Canellos, Director of the SEC's New York Regional Office

SEC charges California hedge fund manager connected to Galleon Insider trading case

The Securities and Exchange Commission has charged a hedge fund manager and his Menlo Park, California-based firm for their involvement in the insider trading ring connected to Raj Rajaratnam and hedge fund advisory firm Galleon Management. »


Information sign

Dechert provides FATCA update

Dechert has released the following update regarding the US Treasury Department’s recent proposed regulations and announcement relating to FATCA… »


Blue information sign

Changes to the Market Abuse Regime for Irish-listed Funds

Pursuant to the Market Abuse (Directive 2003/6/EC) Regulations 2005 (the “Market Abuse Regulations”), since 1 July 2005 the Central Bank of Ireland has delegated market monitoring and investigation tasks to the ISE. These delegation arrangements ended on 31 January 2012 and the Central Bank is now carrying out all monitoring and investigation functions formerly carried out by the ISE, in addition to its own monitoring and investigation functions under the Market Abuse Regulations. »


Jonathan Piper, partner, DLA Piper

Tiffin vs Lester Aldridge LLP

The UK Court of Appeal has today handed down judgment in a case which considers the circumstances in which an individual who enters into a members' agreement in a limited liability partnership may be considered to be an employee. Jonathan Exten-Wright, employment partner, DLA Piper explains… »


Gregory Brandman, partner, Eversheds

Einhorn fine puts down a clear marker

The decision by the FSA to fine David Einhorn and his firm, Greenlight Capital, GBP7.2 million demonstrates the FSA’s commitment to stamping out market abuse, says Gregory Brandma »


David Einhorn, Greenlight Capital

David Einhorn and Greenlight Capital Inc fined GBP7.2m for trading on inside information in Punch Taverns

The Financial Services Authority (FSA) has fined David Einhorn (pictured), owner of the prominent US hedge fund Greenlight Capital Inc (Greenlight), and his fund GBP7.2 million for engaging in market abuse in relation to an anticipated significant equity fundraising by Punch Taverns Plc (Punch) in June 2009. »


George Canellos, Director of the SEC’s New York Regional Office

Diamondback Capital agrees to settle SEC insider trading charges

Diamondback Capital Management LLC has agreed to pay more than USD9 million to settle insider-trading charges brought by the SEC on 18 January. The proposed settlement is subject to the approval of Judge Paul G Gardephe of the US District Court for the Southern District of New York. »


Upcoming events

Upcoming training

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