The DE Shaw group, a global investment and technology development firm, has been granted a license to develop and market onshore investment products to investors in China. The Private Securities Investment Fund Manager (PFM) license is issued by the Asset
Cappitech, a provider of regulatory reporting and intelligence solutions for the financial services industry, has launched RTS 28 Market Intelligence, a product that allows financial institutions to use regulatory compliance data to their own advantage. The electronic surveillance and
The Alternative Investment Management Association (AIMA) has published a GDPR Implementation Guide to help members understand and comply with new EU-wide rules that come into effect on 25 May. The General Data Protection Regulation (GDPR), which replaces the EU Data
ACA Compliance Group has expanded its team of over 185 compliance professionals with new employees who have extensive industry experience. Robert Horvath is a Senior Compliance Consultant based in San Francisco. Robert served as Securities Compliance Examiner with the US
Research by global financial services regulatory consultancy Bovill finds that despite the FCA pursuing 19 investigations under the Senior Managers and Certification Regime (SMCR), to date there has been only one successful enforcement action. The findings come two and
Being a fully automated online electronic brokerage firm, Interactive Brokers has found itself in an enviable position of adapting to new regulations such as MiFID II relatively seamlessly. As it already had a lot of the IT technology in place
Optima Partners, a global regulatory compliance firm, has promoted Director Sani Jackson to Partner. Jackson has had an impressive career in providing regulatory advisory services to hedge funds, private equity firms, investment banks, broker-dealers and other financial services firms across
Starting up a hedge fund is a challenging endeavour. Hiring staff, implementing all the necessary risk controls and regulations as well as running the organisation profitably, is far from easy. Many new hedge funds fail every year. However, starting a successful
The Commodity Futures Trading Commission’s (CFTC) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Market Oversight (DMO), and Clearing and Risk (DCR), is to grant no-action relief to provide greater certainty to the global marketplace in connection with the anticipated
Thomson Reuters has successfully gone live with its key MiFID II services, helping the financial services industry meet the new regulatory requirements. The new services are part of Thomson Reuters’ commitment to providing a comprehensive suite of solutions to assist
