The BVI Court has confirmed the appointment of John Greenwood and Hadley Chilton of Baker Tilly (BVI) Limited as liquidators of four hedge funds incorporated in the BVI, and has decided that a US receiver attempting to claim assets owned
AIMA has delivered a robust response to the UK FSA’s discussion paper, stressing that regulation should not weaken the UK’s competitive advantage. The Alternative I
The Commodity Futures Trading Commission has commended the US Attorney’s Office for the Western District of Virginia for the successful prosecution of Ted James Johnson of Pearisburg, Virg
Nearly half of financial services professionals (49 per cent) globally do not believe that any regulator has managed to strike the right balance between protecting investors and underpinning growth, according to a survey by Kinetic Partners. The firms surveyed for
ASIC has released a report and a consultation paper examining the impact of dark liquidity and high-frequency trading on Australia’s financial markets. The documents are the result of analysis by two internal ASIC taskforces. The dark liquidity taskforce was set
Jersey remains on track to meet the requirements of the EU Alternative Investment Fund Managers Directive (AIFMD) and will introduce new fund regulations in April. More than 350 practitioners including lawyers, fund managers and other finance professionals were given an
On 7 October the Russian delegation led by President Medvedev signed with their respective Cyprus counterparts a protocol to the Russia-Cyprus double tax treaty. The protocol amends the existing treaty which entered into force on 1 January 1998. According
The London-based hedge fund industry body, the Alternative Investment Management Association, has issued updated guidance to its members on how to implement an internal capital adequacy as
Funds managed by QVT Financial have filed a lawsuit against Eurohypo and two of its Delaware subsidiaries. Funds managed by QVT Financial have filed a lawsuit against Eurohypo and two of its Delaware subsidiaries. Eurohypo is wholly owned by the
The Court of Appeal of the Eastern Caribbean Supreme Court on 11 March handed down an important ruling on the question of where investors stand in the “waterfall” of distributions in the liquidation of investment funds under British Virgin Islands
