New York Attorney General Letitia James and New York City Corporation Counsel James E Johnson have announced the recovery of USD105 million in back taxes and damages from a hedge fund manager who defrauded New York state and New York
By Marc-André Bechet, ALFI – Luxembourg is in a quite unique position as a global funds jurisdiction compared to other financial centres in the European Union. The country enjoys an unrivalled political and economic stability. It benefits from a triple
By A Paris – Uncertainty remains the order of the day as the world heads into a period of slow recovery which risks being scuppered by a variety of factors including the US elections, trade tensions and the prolonged impact of the
A class action lawsuit filed in California Southern District Court on 28 January, 2021 has been amended to include six hedge fund companies worth billions of dollars, a total of ten online brokers who manipulated the stock market, and the
Gibraltar law firm ISOLAS LLP has welcomed significant new changes to the jurisdiction’s Limited Partnership Law, published by Her Majesty’s Government of Gibraltar (HMGoG), as the jurisdiction commits to the future of its funds industry.The new Limited Partnerships Act 2020,
ACA Compliance Group (ACA) has appointed Anthony Bennett as head of sales and client development at ACA Mirabella.
SteelEye, a compliance technology and data analytics firm, has incorporated Refinitiv market data on its platform.
As the hedge fund industry continues to grow and mature, managers are considering options beyond the traditional hedge fund structure. To this end, the managers and their service providers must be flexible and nimble to create custom solutions for the
Despite an unprecedented number of new regulations being introduced into the Cayman Islands over the past 18 months, the jurisdiction has shown itself to be remarkably resilient, with the Islands’ funds industry in particular rising to the challenge and demonstrating
By Jude Scott, CEO, Cayman Finance – As the unprecedented year that has been 2020 draws to a close, we can look to the year ahead with some optimism. That’s in part due to the resilience of the Cayman Islands
