Commodity Futures Trading Commission (CFTC) Chairman J Christopher Giancarlo has released a white paper titled ‘Cross-Border Swaps Regulation Version 2.0: A Risk-Based Approach with Deference to Comparable Non-US Regulation.’ Based on the principles set forth in this white paper, Giancarlo
Hedge fund and private equity investors to focus 2020 due diligence efforts on alternative data compliance, says Corgentum survey.The vast majority (83 per cent) of hedge fund and private equity investors intend to continue increasing the resources they allocate to
ACA Compliance Group (ACA) has appointed Shvetank Shah as Chief Executive Officer (CEO) and member of the Board of Directors effective immediately. Shvetank previously worked at Gartner where he held many leadership roles including Senior Vice President of its Technology &
Drooms has launched AIFMD/command, a virtual data room solution for the large number of fund managers who are lacking the resources to comply with the incoming reporting obligations under the Alternative Investment Fund Management Directive. AIFMD/command enables documentation to
In an attempt to improve conduct, global financial regulators have switched their focus from imposing large fines against firms, to making individuals more accountable and improving their ability to detect misconduct earlier through data and technology. That’s according to the
Baring Asset Management has announced the launch of two new share classes for its Hedge Select Fund in response to demand from customers, particularly private clients and ch
A New Jersey court has charged Robert J Sucarato, who claimed he was running a hedge fund business with USD7bn in assts under management and offices in New York and Chicago, with fraudulen
A delegation of politicians, officials and business leaders from Guernsey will visit India next month to enhance financial services links between the two jurisdictions. The trip will build on links forged prior to the global economic crisis, according to Paul
Small to mid-sized investment firms continue to face significant challenges in operating compliance programs that are needed to meet intense regulatory scrutiny, according to Optima Partners, a leading global financial regulatory compliance firm. In an ever-changing regulatory environment, investment firms
The European Securities and Markets Authority (ESMA) has launched a consultation on its technical standards under the Regulation on OTC derivatives, central counterparties and trade repositories (EMIR), which is aimed at improving the functioning of OTC derivatives markets in the
