The Investment Consultants Sustainability Working Group has been formed by twelve UK investment consulting firms to improve sustainable investment practices across the investment industry.
Forex Capital Markets (FXCM), its parent company FXCM Holdings and FXCM’s founding partners, Dror Niv and William Ahdout, are to pay a USD7 million penalty to settle CFTC charges that they defrauded retail forex customers. In addition, FXCM, Niv, and
Euroclear has appointed Yves Dupuy (pictured), as Chief Information Officer. He will be based in Brussels and will join the Euroclear Group Executive Committee, reporting to Lieve Mostrey, Chief Executive Officer of the Euroclear group. Dupuy joins Euroclear from Societe
GAIN Capital, a provider of online trading services, has signed a non-binding letter of intent to acquire the client base of FXCM's US operations. Under the letter of intent, customers of FXCM's US regulated business will be transferred to GAIN's
MTS and UnaVista are teaming up to offer a regulatory reporting solution for firms who execute Securities Financing Transactions (SFTs), such as repo trades. Market participants with a connection to UnaVista Trade Repository and who trade repo contracts on the
Jersey funds and regulatory specialist Emily Haithwaite has joined Ogier as a partner. Haithwaite’s (pictured) wide-ranging investment funds and financial services law experience has brought her recognition from clients and industry. Head of Ogier's Jersey funds team, Niamh Lalor,
B Trading has launched a systematic order insurance service exclusive to the financial services sector in London. Created by Oleg Bagrii (pictured) in 2008, after his first-hand experience as a trader on the forex market and tested over a nine-year
NeoXam, a provider of data management and transaction software solutions dedicated to the financial industry, has made a strategic new hire in the DACH region. NeoXam has hired Philipp Sfeir to head up its DACH business, helping to support ongoing
By Ras Sipko, KOGER – For the past four years, alternative fund managers with US investors have been coming to terms with the far-reaching effects of the Foreign Account Tax Compliance Act or FATCA. Some 60-plus countries have signed up to
There are a number of encouraging developments in Ireland that would, on the surface, appear to place it on a strong footing to further enhance its reputation as Europe's leading onshore alternative funds jurisdiction. If one looks at fund growth,
