A Bill to amend the BVI Business Companies 2004 (the BC Act) has been introduced in the BVI’s House of Assembly. The Bill, and the BVI Business Companies Regulations 2012 (“Regulations”), have also been published in the official BVI Gazette.
Qannas Investments Limited is to apply for the admission of its shares to trading on AIM, a market of the London Stock Exchange Plc and to proceed with an initial offering by way of a placing of its ordinary shares
Multi-asset brokerage and clearing specialist Newedge is to join forces with Global Markets Exchange Group International (GMEX Group). GMEX Group is an exchange business focused on the launch of new products, including differentiated interest rate swap futures contracts, and derivatives
Indus Capital Partners, LLC has appointed Edward Nebens as Head of Europe Fund Trading. He is based in the NYC office reporting to Gene Salamon, Head of the Europe team. The firm now has a team of nine and managing
Derivatives trading and clearing activities on the Singapore Exchange (SGX) grew in October from a year earlier while securities trading declined. Record-high open interest was achieved in the derivatives market during the month. The value of securities traded fell
In its Q3 Investment Outlook ‘Gauging value’, published this week, ABN AMRO Private Banking upgrades hedge funds to Overweight from Neutral, citing global macro, CTA, relative value and event driven strategies as insurance against economic and policy risks. Long/short equities
Jersey’s government has received assurances from the French Finance Ministry that the island will be removed from France’s list of uncooperative jurisdictions in due course. Officials from Jersey met with senior officials from France’s Ministry of Finance last week and
eFront, a software provider of solutions for the alternative investment market, has opened a new office in the heart of Singapore’s financial and trade centre. The new office, eFront’s third in Asia, will focus on addressing the private equity, real
On the 23 April 2012, Germany and Luxembourg signed a new Double Tax Treaty ("the Treaty") which is to replace the previous treaty dating back to 1958. And according to Dechert, the new Treaty may impact on many US, UK
SEI has unveiled a new service that assists SEC-registered investment advisers of private funds in meeting their Form PF obligations. Form PF was recently jointly adopted by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
