The Financial Services Authority’s attempts to set and communicate an actionable implementation plan for liquidity risk have so far failed, according to the results of three surveys by

Gibraltar could benefit from a change to Luxembourg law, which has slowed down the launch of specialised investment funds in the Grand Duchy. On 6 March 2012, the Luxembourg parliament passed a bill of law amending the Luxembourg law of

The Alternative Investment Management Association has warned that the European Commission’s draft directive on Alternative Investment Fund Managers would hit fund managers and investors

HedgeOp Compliance has launched its ADVassist hedge fund adviser registration service.

The Bermuda House of Assembly has passed six bills which aim to improve the operations of businesses in Bermuda, according to an update by Fiona Gores of international law firm Appleby.

The US Commodity Futures Trading Commission (CFTC) has filed and simultaneously settled charges against James Giacomo Brandolino, previously of Joliet, Illinois, for conducting a number of fraudulent commodity futures investment schemes and misappropriating customer funds. The CFTC order requires Brandolino

The US Commodity Futures Trading Commission (CFTC) has filed an anti-fraud civil lawsuit charging defendants PMC Strategy, LLC (PMC) of Monroe, NC, and its principals, Michael Hudspeth of Statesville, NC, and Timothy Bailey of Monroe, NC, with committing fraud in

ICMA’s European Repo Council (ERC) has launched its updated guide to best practice in the European repo market, setting out standards for the orderly trading and settlement of repos. Much repo trading in Europe is between banks in different countries,

The Council of Ministers has announced that Jersey is to maintain its zero-ten tax regime, following a recent review by the EU Code of Conduct Group and High Level Working Party. Concerns over deemed distribution and attribution rules were raised