Esprow has launched ETP GEMS, a global exchanges and markets simulation platform, to enable market participants to test trading algorithms’ design and functionality, as well as venue connectivity, and to comply with the latest MiFID II requirements. The latest
The European Commission’s decision to adopt an implementing decision on equivalence of the legal and supervisory framework for US-designated contract markets and swap execution facilities (SEFs) is a welcome step forward according to the MFA. MFA President and CEO Richard
The Securities and Exchange Commission has obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to USD15 million from thousands of investors since August by falsely promising a 13-fold profit in less
The Alternative Investment Management Association (AIMA) and Bundesverband Alternative Investments (BAI) are to jointly engage with policymakers and regulators in the European Union and globally on issues of interest to their respective memberships. Included in the agreement is work relating
By Stuarts Walker Hersant Humphries – The Anti-Money Laundering Regulations, 2017 (the “Regulations”) were brought into force on 2 October 2017 and replaced the Money Laundering Regulations (2015 Revision) (the “Former Regulations”).
Due diligence company Castle Hall Alternatives has expanded its OpsMonitor due diligence monitoring platform with a range of new features, accessed through the firm’s DueDiligenceProfessional online app, include detailed financial statement and ADV reviews, dashboards and analytics. “Diligence monitoring is
The Dutch Central Bank has announced that as of 31 March 2018, investment firms dealing on their own account are must meet the requirements of the EU Capital Requirements Regulation (CRR). Flow Traders is currently assessing the impact of these
ONEaccess and ITG are teaming up to offer investor clients an integrated solution that simplifies compliance with MiFID II requirements around valuing and paying for research content. The integration between the ONEaccess and ITG solutions will enable asset managers to
The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Elephas Investment Management Ltd (Elephas), a Hong Kong based hedge fund, for violating wheat futures speculative position limits. The Order requires Elephas to pay a
SEI has welcomed three new participants to Codify, the company’s new Regulation Technology (RegTech) incubator. Codify is the first London-based incubator designed solely for financial regulation technology developers. The incubator provides participants with crucial business resources and development opportunities, including
