Such is the complexity of the regulatory landscape in Europe that it is enough for any new start-up manager to resemble Edvard Munch's `The Scream'. Alongside the Markets in Financial Instruments Directive (MiFID), is the Alternative Investment Fund Managers Directive
Whilst the Netherlands might not be foremost when people think about choosing their preferred European jurisdiction, there are many advantages it has to offer. The Dutch regulator, the Authority for the Financial Markets ('Autoriteit Financiële Markten', or 'AFM'), is proactive,
Boutique asset manager Unigestion has signed the Montreal Carbon Pledge, an ambitious collaboration between the United Nations-supported Principles of Responsible Investment (PRI) and investors from around the world. The pledge has attracted commitment from over 120 asset owners and investment
CME Group Executive Chairman and President Terry Duffy has welcomed the European Securities and Markets Authority's (ESMA) recognition of CME Inc under EU regulations. "We are very pleased that today the European Securities and Markets Authority (ESMA) granted CME Inc's
Distribution is a critical consideration for those wishing to market their hedge funds into Europe. But regardless of whether that fund is UCITS-compliant or an AIF, the continuous evolution of European regulation means that managers have to stay one step
The European Securities and Markets Authority (ESMA) sees no need to temporarily exclude exchange-traded derivatives (ETDs) from non-discriminatory access to central counterparties (CCPs) and trading venues, which will be introduced by the Markets in Financial Instruments Directive (MiFID II) and
The European Securities and Markets Authority (ESMA) has fined the trade repository DTCC Derivatives Repository Limited (DDRL) EUR64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access
Tom Casteleyn (pictured), Head of Product Management for Custody, Cash and FX at BNY Mellon comments on how delays to the ECB’s T2S programme have derailed the project… Last year’s delays to the ECB’s ambitious T2S programme have derailed the
It is now one year in to the Swiss Collective Investment Scheme Act (CISA) and overall impressions appear to be that it has been a success. One particular aspect of CISA, namely the requirement for alternative fund managers marketing their
Emmanuel Tahar (pictured), CEO of primary research partner Third Bridge, comments on the European Commission delaying the Mifid II deadline… The Mifid II directive is set to clamp down on trading commission bundling that often results in investors' research spend
