Drawbridge Partners, a premier cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers has been selected by Optima Partners, a global financial regulatory compliance advisory firm, for the outsourcing of its due diligence
Chief Compliance Officers (CCOs) and compliance teams face mounting pressure as heightened levels of global regulation combine with increasing scrutiny and cost concerns. Over-burdened teams that are stretched too thinly are more likely to experience burnout and make mistakes, exposing
The Commodity Futures Trading Commission (CFTC) has approved a proposed rule to reduce regulatory burdens for US market participants in order to promote economic growth and job creation, by bringing certain CFTC requirements in line with other US regulators and
David Calligan, Partner, Reed Smith, writes on the European Securities and Markets Authority (ESMA)’s announcement that it intends to impose temporary measures to restrict the sale of Contracts for Differences (CFDs) to retail investors, after a consultation earlier this year.
The Commodity Futures Trading Commission (CFTC) has issued an order to the National Stock Exchange of India (NSE) as part of its longstanding program of regulatory deference to foreign regulatory frameworks. Through its Part 30 exemptive program the CFTC provides
Fitch Ratings views the recent Notice of Proposed Rulemaking (NPR) issued by regulators to amend the Volcker Rule and relax limits on certain private equity (PE) and hedge fund investments, known as “covered funds” as indicative of loosening regulation and
The Commodity Futures Trading Commission CFTC has filed a civil enforcement action charging Winston Reed Investments LLC (WRI) and its vice president and investment consultant, Mark N Pyatt a/k/a Daniel Randolph, a former North Carolina resident, with misappropriation of customer
With the first deadline of RTS 27 reports quickly approaching, Cappitech Regulation, a provider of regulation technology for the financial services industry has launched a solution to support the new regulation standard. The new product grows Cappitech’s MiFID II suite
The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) has granted relief to non-US counterparties who enter into swaps with International Financial Institutions (IFIs), such as development banks. “International financial institutions like the International Monetary Fund
The Alternative Investment Management Association says the plan to add the Cayman Islands – the major offshore domicile for the global hedge fund industry – to a tax haven blacklist remains an “open matter” until any formal decision is reached.
