RHJ International has received approval from the Financial Services Authority to become the controller of the UK and Channel Islands private bank and wealth management group Kleinwort Benson. This is a major landmark in the organisation’s sale process as RHJ
The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe. The paper’s recommendations are intended to encourage collaboration between regulators in Europe and
Are registered investment advisers in the US required to adopt a formal e-mail retention policy? This note from law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP clarifies the matter. At the “SEC Speaks” conference sponsored by the Practising Law Institute,
The majority of members of the London-based Alternative Investment Management Association are opposed to the suggested additional registration of hedge fund advisers (or man
Guernsey’s Chief Minister Lyndon Trott has been reinforcing the island’s position as a leader in tax transparency during meetings with officials in Washington. The Chief Minister last week met with Michael Mundaca, assistant secretary of the US Treasury Department, to
This article by New York-based law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP clarifies the SEC’s position with regard to unsolicited requests for informatio
The SEC this week voted to propose a new Rule 22c-2 under the Investment Company Act of 1940 in an attempt to curb market timing by hedge funds. <
The theme of digitalisation took centre stage at the annual Meet the Regulator Forum held by the BVI’s financial regulator, the Financial Services Commission (‘FSC’) this July. During the forum, Deputy Managing Director, Corporate Services of FSC, Jennifer Potter-Questelles emphasised the importance
By Paul Waldron (pictured), Harneys BVI – The BVI approved manager product, first introduced in 2012, continues to be a popular choice with start-up and emerging managers all over the world. It was introduced as an alternative to the full
On 28 November 2003 the German Parliament finally adopted a revised version of the new Investment Act 2003 (the "Investment Act") and the Investment Tax Act 2003 (
