Cayman’s new hybrid Foundation Company is likely to appeal as a holding vehicle, SPV and succession planning option, according to Ogier trusts partner Anthony Partridge. Partridge (pictured), says that the new structure – introduced by the enactment of The Cayman
The US CFTC has issued an Order filing and simultaneously settling charges against Citibank NA (CBNA) and Citigroup Global Markets Limited (CGML), (collectively, Citi), for swap data reporting violations regarding Legal Entity Identifier (LEI) information. Citi is to pay a
The US Securities and Exchange Commission (SEC) will meet at 9am on 2 September, 2020 to vote on proposed changes to the SEC’s highly successful Dodd-Frank Act whistleblower reward programme. If approved as originally written, the proposed changes will undermine vital
Research from TeleWare reveals that just 42 per cent of senior decision makers are confident in their firm’s knowledge of MiFID II requirements. Although only 99 days away, worryingly more than half (54 per cent) believe more education is needed
The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, says it applauds the US Securities and Exchange Commission’s (SEC) amendments to the “accredited investor” definition. These changes are in line with the HFA’s prior recommendations to include
New research from NPL, the UK’s National Measurement Institute, has shown a lack of awareness in the UK financial services sector around the new European Markets in Financial Instruments Directive (MiFID II) ahead of its imminent deadline, and many firms
Third Financial Software (TFS) has completed the next major release of its Tercero software, which focuses on compliance under the forthcoming MiFID II regime. TFS is in the process of upgrading all customers to be in line with the regulatory
Singapore Exchange (SGX) and Cassini Sytems are teaming up to provide SGX market participants to meet Uncleared Margin Rules (UMR) requirements. Read the full story at Institutional Asset Manager…
The US Securities and Exchange Commission (SEC) has named Brett Redfearn (pictured), as Director of the agency’s Division of Trading and Markets. The SEC’s Division of Trading and Markets establishes and maintains standards for fair, orderly, and efficient markets. The
NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, believes that its EBS Institutional FX platform is uniquely positioned to help the asset management community address liquidity and
