The International Organization of Securities Commissions’ technical committee has published six principles that aim to enable securities regulators to address the regulatory and systemi
Northern Trust has deployed a new compliance management reporting solution (CMRS), using technology developed by Sapient Global Markets. Northern Trust will now be able to deliver delegated reporting requirements for its clients under the Dodd-Frank Act and European Market Infrastructure
There is a compliance shortfall among alternative investment funds (AIFs) on the eve of the deadline for Alternative Investment Fund Managers Directive (AIFMD) authorisation, according to research by BNY Mellon. While 82 per cent of managers canvassed confirmed the required
Two thirds (64 per cent) of funds are ready for the deadline for implementation of the Alternative Investment Fund Managers Directive (AIFMD) on 22 July, according to a global survey of alternative investment fund managers. Only one in six (15
The Alternative Investment Management Association has welcomed comments about the hedge fund industry contained in the Treasury’s white paper on reforming financial markets.
Hedge fund manager Paul Eustace of Ontario, Canada, has been ordered to pay more than USD279m in restitution and a USD12m civil penalty under a court order settling an enforcement action b
Steven Francis (photo) and Richard Burger, former FSA enforcement lawyers now with City law firm Reynolds Porter Chamberlain, say the UK regulator’s latest report on anti-market abuse syst
Chatham Financial has launched new services within its consulting practice and ChathamDirect Software-as-a-Service (SaaS) platform to help fund managers navigate the Alternative Investment Fund Management Directive (AIFMD) and the European Market Infrastructure Regulation (EMIR). Compliance with the new requirements presents
The Securities and Exchange Commission (SEC) re-started its rulemaking for security-based swaps (SBS) under the Dodd-Frank Act by adopting a first instalment of rules that are applicable to SBS involving persons and entities located outside the US. According to an
The US Commodity Futures Trading Commission has obtained a judgment against Aurifex Commodities Research Company of Mason, Michigan, requiring the company to pay USD30,000 in restitution a
