The Australian Securities and Investments Commission has released new regulatory guidance and relief aimed at achieving better disclosure by parties that are engaging in securities lending of substantial holdings in listed entities. The guidance is contained in Regulatory Guide 222
The barriers for investment created by the Alternative Investment Fund Managers Directive (AIFMD) are still preventing investors from reaching European funds, despite solutions becoming available, according to Aurum. Kevin Gundle (pictured), chief executive of Aurum, says: “The regulatory developments we are
The final block rule for swaps is critical to promoting transparency in this once opaque market, says US Commodity and Futures Commission Chairman, Gary Gensler… With this rule, the public will benefit from seeing the price and volume of the
New compliance requirements arise in November this year for many UK finance industry firms, including hedge fund managers, dealers, traders, stockbrokers and some financial advisers. For the first time, it will be mandatory to record mobile telephone conversations, in a
Managers need to start performing a rational cost benefit analysis on the Alternative Investment Fund Managers Directive (AIFMD) and to strip out the emotion, says Ernst & Young. “The AIFMD knot is difficult. A single stroke of the knife won’t
With just over eight weeks to go before the AIFMD transposition deadline, Sebastien Danloy (pictured), Head of Investor Services Europe and Offshore at RBC Investor & Treasury Services, comments on late implementation and its effects on asset managers… The clock
Securities and Exchange Commission chairman Elisse Walter has voiced concerns over potential increased investment losses by qualified but unsophisticated “accredited investors”. Implementation of the JOBS Act, she said, would greatly increase the potential for fraud against recent retirees, among
Monique Melis (pictured), Global Head of Consulting at Kinetic Partners, the global professional services firm comments on whistle blowers… As the SEC has previously noted, the whistleblower program is one of the more powerful weapons in its law enforcement arsenal. The
PrimeFundSolutions has received approval of its Luxembourg licence applications by the Luxembourg regulator CSSF and by the Luxembourg Minister of Finance. The license allows PrimeFundSolutions to provide banking, custody and fund administration activities to Luxembourg regulated hedge funds and fund
Succession Systems deploys market access risk solution for Newedge US and Canadian regulatory compliance. Succession Systems has deployed its TripleCheck Market Access Risk Solution to meet Newedge Brokerage’s regulatory requirements for automated trading risk controls in Canada and the
