Compliance
Managed Funds Association has raised significant concerns about the Financial Stability Oversight Council’s Proposed Risk Analytic Framework and Nonbank Designation Guidance Proposal in a comment letter sent to FSOC.
- 31/07/2023
The Alternative Investment Management Association and its private credit affiliate the Alternative Credit Council say the provisional political agreement reached on the EU’s Alternative Investment Fund Managers Directive (AIFMD) Review provides regulatory stability for alternative investment industry.
- 21/07/2023
- 21/07/2023
The UK’s financial watchdog the Financial Conduct Authority has fined broker Bastion Capital London £2.45m for facilitating over £70bn in so-called ‘cum-ex’ trades of Belgian and Danish stocks on behalf of clients of hedge fund Solo Group.
- 14/07/2023
The UK government wants to see an end to the requirement that hedge funds must publicly disclose their large short positions in company stocks, as the practice encourages copycat trades and risks short squeezes, according to a report by Bloomberg.
In a paper published earlier this week, the government revealed plans to replace the public register of short positions worth 0.5% or more of any London-listed firm with an aggregated list.
- 13/07/2023
Managed Funds Association has recommended improvements to the US Securities and Exchange Commission’s proposed Advisers Act Cybersecurity rules in a third comment letter setting out how the SEC can achieve its goals while mitigating negative unintended consequences.
- 23/06/2023
The London Metal Exchange had better options than canceling billions of dollars in nickel trades in March last year when prices skyrocketed, lawyers for Elliot Associates and Jane Street Global Trading told a London court yesterday, according to a report from Reuters.
- 21/06/2023