FINMA, the Swiss financial regulator, is currently conducting investigations into several Swiss financial institutions in connection with possible manipulation of foreign exchange markets. FINMA is coordinating closely with authorities in other countries as multiple banks around the world are
Jeremy Berchem, a specialist in company and banking law at Jersey law firm Voisin, says the review of offshore financial centres ordered by the British government – the latest in a long li
Leading members of the hedge fund industry have seized the opportunity to tell UK members of parliament that their industry is not to blame for the meltdown of the global financial industr
Preparations are underway for the creation of a new European hedge fund association, hedgemeetings.com, whose purpose will be to communicate the public utility of the industry in wealth cr
Law firm Maurice Turnor Gardner has launched with a team of 23, formerly the private client department of international legal practice Allen & Overy, covering private wealth, profes
Fewer than 20 per cent of alternative investment fund managers (AIFMSs) have submitted an application to their local regulator for Alternative Investment Fund Managers Directive (AIFMD) authorisation. That’s the finding of new research from BNY Mellon, which comes just six
In a resolute move, the European Commission has adopted a set of measures to strengthen the supervisory framework for EU financial markets in order to improve supervisory co-operation and
SQL Power is to integrate its pre-engineered, eSignature ready regulatory platform at the Cayman Islands Monetary Authority (CIMA). The solution will handle collection, analysis, and reporting of prudential returns and entitlements data submitted to CIMA by up to 40,000 of
The Securities and Exchange Commission has charged a Corinth, Texas man with securities fraud for soliciting more than USD3.45 million from several thousand deaf investors in an investment scheme that the SEC halted last year. The SEC previously charged Imperia
A group of 13 mostly London-based hedge fund managers has proposed establishing a working group to examine the possibility of a voluntary code of practice for the industry amid calls from
