Legal & Regulation

AIMA launches new due diligence template

Fri, 13/10/2017 - 10:14

The Alternative Investment Management Association (AIMA) has published a new edition of its flagship due diligence questionnaire (DDQ), 20 years after the first AIMA DDQ helped to standardise the due diligence process for alternative investment managers and investors. »

Thomson Reuters adds MiFID II-focused features to Eikon

Thu, 12/10/2017 - 09:58

Thomson Reuters has added additional research management and search capabilities to its flagship desktop product, Eikon aimed at meeting the challenges of MiFID II requirements, set to be implemented on 3 January, 2018. »

MiFID II 90 days and counting…

Wed, 11/10/2017 - 10:29

By Nick Bayley (pictured), Duff & Phelps – With less than three months until the introduction of MiFID II, in some parts of the industry there is a palpable sense of panic as the deadline looms. Following the 20 September speech by FCA Enforcement chief Mark Steward, firms can take some comfort that the FCA will not immediately enforce MiFIDII in its entirety, provided firms can demonstrate that they have taken “sufficient steps to meet the new obligations”. »

Sadis & Goldberg LLP - Best North American Law Firm

Tue, 10/10/2017 - 16:57

Sadis & Goldberg LLP is one of New York's leading financial services-focused law firms. Known both domestically and internationally as a dominant force in the financial services sector, Sadis & Goldberg serves clients throughout the world. The Financial Services Group is headed up by partner Ron Geffner (pictured) and comprised of 15 attorneys that have each spent a significant amount of their career practicing in the private fund space, providing a compelling roster of seasoned legal advisers. »

Cheyne Capital Management selects Red Deer for MiFID II research compliance

Tue, 10/10/2017 - 10:32

Red Deer, a next-generation financial technology company dedicated to enhancing the performance of active investment managers, has announced that alternative investment fund manager Cheyne Capital Management has selected Red Deer’s MiFID II solution to manage its research consumption, valuation and inducement requirements across its investment business, in advance of the 3 January 2018 MiFID II deadline. »

Visible Alpha adds email tracking and budgeting to ONEaccess research valuation solution for MiFID II

Tue, 10/10/2017 - 08:06

Visible Alpha has launched two enhancements to its ONEaccess platform to aid clients in preparing for the compliance obligations associated with MiFID II regulations. »

Regulatory update on the NAIF regime

Sat, 07/10/2017 - 17:06

By Jean Farrugia & Robert Higgans, DF Advocates – One of the innovative fund structures available in Malta, the Notified Alternative Investment Fund (NAIF) Regime, which was launched by the Malta Financial Services Authority in April 2016, has come up for review by the Authority following its commitment to assess the said regime after one year of its introduction. »

Malta adopts regulation to consolidate its strength

Sat, 07/10/2017 - 16:12

Q&A with Joseph Camilleri, Executive Head, Business Development & Corporate Services at BOV Fund Services Ltd Within the context of a highly regulated fund industry, how is Malta coping to ensure it keeps pace with bigger fund domiciles? Most people would agree that the fund industry is increasingly becoming overcrowded with regulation, well intended as that may be. This poses challenges to all stakeholders; be they investors, investment managers, service providers, or fund domiciles. »

Key trends in Malta’s continued path towards evolution

Sat, 07/10/2017 - 15:39

Key to the success of any fund jurisdiction is a commitment to constant innovation and in that respect Malta, a tiny island nestled in the Mediterranean, has much to be excited about. Whether it is the streamlining of regulation, the introduction of innovative manager-led products in the form of the Notified AIF, a commitment to becoming Europe's leading securitisation market, or indeed Europe's leading hub for blockchain technology, Malta continues to push the boundaries. »

CFTC's Brian Quintenz promises to bring clarity to algo trading regs

Fri, 06/10/2017 - 16:42

In a complete reversal of the previous administration's hardline approach to algo trading, the CFTC has revealed it will review and simplify its oversight, calling the previous approach "a top-level disregard for the enormity of the trading method spectrum, and, therefore, a disregard for the proper assessment of market risk posed throughout that broad spectrum." »