The Securities and Exchange Commission has filed insider trading charges against a former accounting manager at Nvidia Corp, who tipped a friend with confidential company information that set in motion a chain of tipping and illegal trading among a network
Tim Thornton, Chief Data Officer, Mitsubishi UFJ Fund Services, says fund managers could face regulatory sanctions over EMIR… The reporting of over-the-counter derivatives and exchange traded derivatives as mandated under EMIR has been in place for a year. While a
The Depository Trust & Clearing Corporation’s (DTCC) Global Markets Entity Identifier (GMEI) utility, offered in collaboration with SWIFT, has issued over 165,000 legal entity identifiers (LEIs) to entities from over 140 jurisdictions, representing approximately 50% share of the LEIs issued
The Commodity Futures Trading Commission has adopted amendments to its regulations regarding periodic and annual reporting requirements applicable to commodity pool operators. The amendments specify detailed information that must be included in the periodic account statements and annual reports for
Ninety four per cent of respondents to a survey conducted by the CFA Institute Centre for Financial Market Integrity support mandatory requirements consistent with the proposed Alternative Investment Fund Managers Directive that managers of alternative investment funds act with honesty,
The US Commodity Futures Trading Commission has obtained an emergency court order freezing assets held by defendants Raleigh Capital Management of Chicago and its sole principal, Richmond Hamilton, Jr., who resides in Morocco. The court’s order also prohibits the destruction
The Australian Securities and Investments Commission has commenced civil proceedings in the Supreme Court of Queensland against three subsidiary companies of the formerly listed MFS (now known as Octaviar) and four former officers and one manager of MFS Investment Management.
The States of Guernsey has welcomed the final report of the Foot Review, which examines the long-term opportunities and challenges facing British Crown Dependencies and overseas territories as financial centres. Guernsey’s chief minister Deputy Lyndon Trott says: “In my view
A recent Edhec position paper has welcomed the European Commission’s consultation on the Ucits depositary function, but stresses that an in-depth study of the regulations and practices of those who are part of the value chain is necessary. The two
Following the signing of tax information exchange agreements with Finland, Greenland and Faroe Islands, Gibraltar has now signed 13 such agreements and has accordingly been transferred by the OECD onto its white list. The white list is a list of
