Hazeltree, a provider of integrated treasury management and portfolio finance solutions, and HedgeLegal, a specialist in trading document negotiation for the buy side, have published “Clearing up the Uncleared Margin Rules: A Comprehensive Guide for Hedge Fund and Asset Managers.”
Legal & Regulation
By Jude Scott, Cayman Finance - Governments around the world have taken dramatic action to address the health risks caused by Covid-19, but doing so has also created a wide range of significant economic risks as well.
By Daniella Skotnicki, Harneys – The investment management industry relies on innovative and diverse strategies to create alpha and add value for investors. Whilst the benefits of gender diversity have been widely recognised, the industry, like most others, has lagged in achieving it.
By A Paris – As the global focus on regulation continues to ramp up, the financial industry in the Cayman Islands is shoring up its legislation to remain at the forefront of change and strengthen its position as a fund domicile.
By CIMA – For the past five decades, the Cayman Islands has maintained its position as the number one domicile for hedge funds. Central to its success is a comprehensive regulatory framework and the ability to adapt to evolving international standards, thus highlighting the jurisdiction’s commitment to the enhancement of financial supervision.
The European Securities and Markets Authority (ESMA), the EU securities regulator, has launched a public consultation on its draft guidance to address leverage risks in the Alternative Investment Fund (AIF) sector.
The UK’s Financial Conduct Authority last night (23 March) ruled out a ban on short selling, as many major hedge fund firms continue to weigh in with bearish bets to capitalise on the recent global market turmoil.
The Commodity Futures Trading Commission's Division of Market Oversight (DMO) has issued three no-action letters providing temporary, targeted relief to swap execution facilities (SEFs) and certain designated contract markets (DCMs) in response to the COVID-19 (coronavirus) pandemic.
The European Securities and Markets Authority, the pan-EU financial watchdog, tightened rules on short-selling on Monday, and will now require hedge funds and other holders of net short positions to notify their respective national regulators of positions greater than 0.1 per cent of a company’s share capital.
The UK could prove more attractive to hedge funds and other alternative investment funds under new Government proposals to review how asset holding companies for investment funds are taxed.