An academic report examining the fiscal challenges facing the Cayman Islands contains heavy criticism of the way the UK is addressing its own particular problems. The report, compiled by Richard Teather, a senior lecturer in taxation, points out that the
Timothy Massad has been officially sworn in as the chairman of the US Commodity Futures Trading Commission (CFTC), the federal agency that oversees the commodity futures, options and swaps industry. Massad (pictured), who will assumes his responsibilities immediately, joined the
Deutsche Asset & Wealth Management (DeAWM) has formed a new partnership with the Chartered Alternative Investment Analyst (CAIA) Association. In response to the global growth of alternative investment products, DeAWM is partnering with the CAIA Association to offer the Fundamentals
The Commodity Futures Trading Commission has issued an order granting a request from ICE Clear Europe regarding portfolio margining of futures and foreign futures contracts. The order, which is pursuant to Section 4d(a) and (b) of the Commodity Exchange Act,
The Securities and Exchange Commission (SEC) has issued fraud charges and an asset freeze against an investment fund manager accused of stealing money from investors to pay personal and business expenses. The SEC alleges that Neal V Goyal told investors
The threat of increased regulation in the US financial services sector kept widening pressure firmly on US corporate credit default swap markets throughout the end of January, according to a report by GFI Group. While initial moves at the start
A Greenwich Market Pulse shows that corporations and financial institutions around the world broadly agree that moving OTC derivatives trading to a system of centralised clearing would be an effective means of managing both counterparty risk at an individual level
Ozannes and Mourant du Feu & Jeune, two law firms in the Channel Islands, are planning to merge. The merged firm, to be known as Mourant Ozannes, will bring together two law firms in Guernsey and Jersey to create a
Investment managers are failing to perceive the risks associated with the European Union’s Alternative Investment Fund Manager’s directive, according to a report by BDO. In a survey which asked investment managers in the UK to identify their top risks, only
US, UK and Hong Kong financial services regulators have increased their expenditure over the last seven years by 59.4 per cent, an average of 8.075 per cent each year, since the end of fiscal year 2006/07, according to Kinetic Partners.
