Algorithmics, a provider of risk solutions, says Basel III is lacking in its conceptual approach to capital and liquidity. The raft of proposals from the Basel Committee includes the tier 1 capital ratio, buffer building, and leverage and liquidity ratios,
The FSA has fined a former cash equities broker GBP252,239 and banned him from working in the financial services industry for “acting without integrity”. Fabio Massimo De Biase, a former employee of TFS Derivatives Ltd was found by the FSA
Deutsche Bank AG (DB AG) and Deutsche Bank Securities Inc (DBSI) (collectively, DB), are to pay a USD30 million civil monetary penalty to settle CFTC charges relating to manipulation, attempted manipulation and spoofing of the precious metals futures markets. A CFTC Order finds
Ogier partner Peter Cockhill examines the various amendments anticipated to Cayman’s Mutual Funds Law this year.
The Committee of European Securities Regulators has rejected the inclusion of hedge fund indices in UCITS in its final advice to the Eur
Jersey this week introduced its second generation PCC plus the new Incorporated Cell Company. Alan Stevens, partner with Carey Ols
Deutsche Börse Group has welcomed the intended regulation on over-the-counter derivatives, central counterparties and trade repositories as presented on Wednesday by the European Commission. It says the regulation demonstrates that the European Union is making significant progress toward fulfilling G20
Bolsas y Mercados Espanoles, the Spanish stock exchange operator, and Clearstream, the post trade arm of Deutsche Börse Group, have welcomed the details on trade repositories for over-the-counter derivatives published by the European Commission. BME and Clearstream say there is
Proposed short selling disclosure regulations announced by the European Commission are too stringent and threaten market efficiency, according to the International Securities Lending Association. Isla supports transparency measures that create disclosure symmetries with long positions, including private disclosure to regulators
Citi’s global transaction services unit has launched a suite of regulatory administration and compliance support services for hedge funds, private equity funds and their SEC registered investment advisers. Citi provides similar services to traditional mutual funds and investment advisers.
