EU markets regulator the European Securities and Markets Authority (ESMA) is planning to reduce the compliance costs and complexity for hedge funds and private credit firms under new EU reporting rules, according to a report by Bloomberg.
The Bank of England is intensifying its focus on hedge fund leverage in the UK gilt repurchase agreement market, as concerns grow over concentration risk and potential threats to financial stability, according to a report by Bloomberg.
Regulatory fines in financial services are rising 12% annually. With EU cybersecurity initiatives jumping from 12 to 45, and DORA enforcement starting January 2025, the compliance treadmill is accelerating. Most firms respond by spending more. This can be £50k-£80k on
As investor scrutiny of cybersecurity intensifies, hedge fund and private equity managers are facing more detailed, standardised, and evidence-based questions during due diligence. This report examines why cybersecurity has become a baseline expectation for LPs, drawing on recent survey data,
As investor scrutiny of cybersecurity intensifies, hedge fund and private equity managers are facing more detailed, standardised, and evidence-based questions during due diligence. This report examines why cybersecurity has become a baseline expectation for LPs, drawing on recent survey data,
Former Franchise Group chief executive Brian Kahn has pleaded guilty to participating in a years-long scheme that defrauded hedge fund investors of roughly $300m, a scandal that ultimately helped bring down both Prophecy Asset Management and FRG, according to a
Brian Kahn, the former head of Franchise Group Inc, has been charged with conspiracy to commit securities fraud in connection with the collapse of Prophecy Asset Management, a hedge fund prosecutors say defrauded investors out of $294m, according to a
The global alternatives sector is being challenged like never before – by technology, investor behaviours and a complex fundraising environment. A growing number of US managers are adopting an innovative approach to structuring to meet future opportunities, writes Philip Pirecki,
Short seller Andrew Left, founder of Citron Research, has filed a federal lawsuit against Toronto-based Anson Advisors and Anson Funds Management, alleging that the firm and two of its executives lied to the SEC about payments made to him to
The UK’s Financial Conduct Authority (FCA) is set to stop publicly revealing the identities of investors holding short positions, moving to aggregated and anonymised reporting instead, according to a report by the Financial Times.
