The Upper Tribunal (Tax and Chancery Chamber) has directed the Financial Services Authority (FSA) to fine Michiel Weiger Visser GBP2 million and Oluwole Modupe Fagbulu GBP100,000 and ban them both from performing any role in regulated financial services for breaching
The Alternative Investment Management Association, the trade body for the global hedge fund industry, has responded to the European Commission’s consultation paper on hedge funds and ca
The Cayman Islands funds industry is living in a state of ‘suspended disbelief’ concerning its response to the Foreign Tax Compliance Act (FATCA), according to a new report from DMS Offshore Investment Services. The DMS report says that as the
The majority of US-based hedge fund management firms are currently registered as investment advisors with the Securities and Exchange Commission, according to a report by Chicago-based ind
The European Investors Working Group has met for the first time in Brussels to set the agenda for the group’s contribution towards creating an efficient, effective and globally competit
Two senior US senators, Michigan Democrat Carl Levin and Iowa Republican Charles Grassley, have taken the first steps toward the inevitable introduction of regulation of US hedge funds and
Liquid Holdings Group has launched Liquid FIRM, a real-time solution that allows firms to actively monitor pre- and post-trade risks at all times across multiple accounts and strategies. Designed for multi-manager allocation platforms, separately managed accounts (SMAs), clearing firms, prime
The International Organization of Securities Commissions’ technical committee has published a consultation paper on disclosure principles for public offerings and listings of asset-back
Jersey is to sign a tax information exchange agreement with the UK as part of the island’s commitment to exchange of information in criminal tax matters that began with its first TIEA,
