Caceis has launched a service that aims to help management companies implement the Key Information Document, which replaces the Ucits simplified prospectus on 1 July 2011. The service is designed for clients that wish to draw up their own KIDs
Law firm Harneys has opened an office in Montevideo, Uruguay. Law firm Harneys has opened an office in Montevideo, Uruguay. Led by Marco Martins, a partner and head of the firm’s Latin America practice, the Montevideo office will improve the
The Alternative Investment Management Association is already up in arms about the European Union’s planned Alternative Investment Fund Managers Directive, even though the draft legislat
A cross-jurisdictional team of lawyers from Carey Olsen have contributed to Global Legal Insight’s first edition of Blockchain & Cryptocurrency Regulation. The publication has brought together legal experts from across the globe to analyse the state of play in the
The Securities Industry and Financial Markets Association, together with its affiliate the European Securitisation Forum, have welcomed HM Treasury’s announcement of the UK Government’s
KPMG has warned the hedge fund industry to beware the unintended consequences of the announcement that HM Treasury will release a paper endorsing the regulation of ‘all important instit
Collas Day in Guernsey and Crill Canavan in Jersey are to merge in the spring of 2011. The combined law firms will be know as Collas Crill. The combined firm creates a new 15 partner Channel Island firm. The merger
Proposed revisions to the ‘fair value’ accounting standard (FAS 157) would weaken the standard and create inconsistencies in valuations, according to Espen Robak, president of Pluris Va
The SEC has charged two Wall Street traders involved in a fraudulent “parking” scheme whereby one temporarily placed securities in the other’s trading book to avoid penalties that would affect his year-end bonus. The SEC’s enforcement division alleges that Thomas
For most of the past decade, the Cayman Islands have been the world’s dominant offshore alternative fund domicile.
