The London Metal Exchange (LME) has published its first Commitments of Traders Report (COTR) in response to general market demand for broader transparency. The COTR is designed to reflect the nature of the predominant business activity that LME members and
The London Metal Exchange (LME) is to implement its linked load-in/load-out (LILO) rule and to proceed with further warehousing reforms following the success of its judicial review appeal. A two-week consultation with listed warehouse companies began yesterday with regard to
By Oliver Sciales, Chevalier & Sciales – Luxembourg’s Financial Sector Supervisory Authority has published on July 18 the latest update to its Frequently Asked Questions document on the grand duchy’s law of July 12, 2013 implementing the European Union’s Alternative
The Upper Tribunal has dismissed Alberto Micalizzi’s appeal against the Financial Conduct Authority’s (FCA) decision to fine and ban him over charges that he failed to act with integrity in his role as CEO at hedge fund Dynamic Decisions. The
Capita Financial Managers (Ireland) Limited has been granted an alternative investment fund manager (AIFM) licence by the Central Bank of Ireland. The licence authorises Capita to take regulatory responsibility for the funds to which it acts as AIFM. Capita
Bedell Trust has received regulatory approval and a variation of permission from the Financial Conduct Authority (FCA) to provide depositary services to UK alternative investment funds (AIFs) as well as "depositary-lite" services to non-EEA AIFs from its London office. Furthermore,
AIFMD Annex IV reporting is rapidly approaching for alternative investment fund managers (AIFMs) and with that deadline has come a last minute scramble to determine reporting requirements, according to ConceptOne. The FCA released two documents pertaining to Annex IV reporting
Abbey Capital has been authorised as an Alternative Investment Fund Manager (AIFM) under the Alternative Investment Fund Management Directive (AIFMD) by the Central Bank of Ireland. The AIFMD is a regulatory framework initiated by the European Commission to supervise AIFMs.
Luxembourg financial services regulator CSSF has received a total number of 773 AIFM-related applications – 215 requests for authorisation and 558 requests for registration. Following the processing of the 215 requests for authorisation, 151 entities have been approved as AIFM
Domestic regulations in Europe are inhibiting the cross-border benefits of the European Commission’s Alternative Investment Fund Managers Directive (AIFMD), according to analysis by law firm CMS. CMS has released a passporting guide to help Alternative Investment Fund Managers (AIFMs) navigate
