eClerx has launched a Know Your Customer (KYC) solution, which is offered in a three tier system, enabling banks to have access to the best offering based on the immediate and strategic requirements. The KYC platform enables both sell side
Luxembourg-based VNX Exchange is joining forces with Sumsub, a scalable solution for KYC/AML regulatory compliance, to stay in line with growing jurisdictional demands and ensure compliance of its platform. As the fifth EU Anti-Money Laundering Directive (AMLD5) gains its full
London-based law firm Berwin Leighton Paisner (BLP) has been appointed by Gulf International Bank (UK) Limited (GIB) as the sole UK legal adviser for its investment fund bus
The Commodity Futures Trading Commission and Securities and Exchange Commission have made the following joint statement regarding MF Global Inc… “For several days, the SEC, CFTC and other regulators had been closely monitoring developments affecting MF Global, Inc, a jointly registered
The Securities and Exchange Commission has charged Goldman, Sachs & Co and one of its vice-presidents with defrauding investors by misstating and omitting key facts about a financial product tied to sub-prime mortgages launched as the US housing market was
The current German fund tax regime in principle distinguishes between domestic (hedge) funds and foreign (hedge) funds, the latter being treated as "white" (= registered)
The Securities and Exchange Commission has proposed rules that would impose reporting requirements on traders whose trading activities exceed certain thresholds. The SEC says there is increasing prominence of large traders in securities markets and it needs to effectively identify,
Offshore law firm Harney Westwood & Riegels has opened an office in Cyprus. Located in Limassol, the Cyprus office provides advice on all aspects of commercial, banking, corporate and tax law with particular emphasis on investment flows into and via
Equalt, the alternative asset management subsidiary of Crédit Agricole Indosuez, has selected Riskdata’s on-line, interactive risk management solution to actively monitor th
Law firm Akin Gump Strauss Hauer & Feld will open an office in Geneva on 1 May 2010, expanding its international footprint further into Western Europe. Charles C. Adams Jr. will head the new office and will be joined by
