Following approval of the Alternative Investment Fund Manager Directive by the European Parliament, the Isle of Man says it welcomes the final Directive and that work is under way to ensure it will meet key regulatory criteria. The AIFM Directive
The European Commission’s proposed directive on Alternative Investment Fund Managers risks creating an administrative structure that will harm the international competitiveness of the f
The US District Court for the District of Massachusetts has ruled that the Commodity Futures Trading Commission (CFTC) has the power to prosecute fraud involving virtual currency. James McDonald, CFTC Director of Enforcement, says: “This is an important ruling that
Law firm A&L Goodbody has completed the first investment fund company migration to Ireland from Bermuda, under new legislation which facilitates the effective redomiciliation of investment fund companies from six separate jurisdictions to Ireland. The new legislation facilitating the redomiciliation
When a piece of legislation is so roundly criticised on all sides as the European Commission’s proposed Directive on Alternative Investment Fund Managers, attacked by the alternative fund
Former futures trader Spartaco Fasciale has lost his appeal against a six year jail term for obtaining property and a financial advantage by deception and breaching his duties as a company director. Fasciale, formerly of Moonee Ponds, Victoria, appealed his
The Hong Kong Securities and Futures Commission has commenced proceedings against 11 defendants seeking the appointment of administrators and injunction orders over a group of companies
Hedge fund industry trade body the Alternative Investment Management Association has renewed its attack on the European Union’s proposed Alternative Investment Fund Managers Directive foll
Appleby Authorised Representative, an affiliate of Appleby Corporate Services (BVI), has been certified by the BVI Financial Services Commission to act as an authorised representative under the Securities and Investment Business Act 2010. Under SIBA, a licensee (unless it has
Guernsey has launched the Island’s first legal resources website – which is a joint initiative betw
