Paul Hale and Martin Shah of Simmons & Simmons examine the implications of the BBL decision on the cross-border supply of fund management services. In a decisio
The International Securities Lending Association is urging consistent and proportionate regulation for short selling, in response to a current European Commission consultation exercise. The European Commission is consulting on measures that enable authorities to restrict or ban short selling temporarily
Graham Phillips and Jerry Dawson of PricewaterhouseCoopers, London provide an overview of key developments across the European hedge fund market. Developments in th
The government of Gibraltar has published the text of the new, amended and consolidated Income Tax Act, which ends all distinction between “onshore” and “offshore” business. The Act lays the foundations for the reduction of company tax in Gibraltar from
H.E. Abdul Qadir Fitrat, governor of the Central Bank Afghanistan, says the regulation of Islamic banking in Afghanistan should be implemented in the country within next two months. Speaking at the International Conference on Prospects of Islamic Banking and Finance
The Chartered Alternative Investment Analyst Association has announced its latest round of registration for Level I and II examinations. Craig Asche, Executive Dire
The Australian Securities and Investment Commission has announced it will keep the ban on covered short selling of financial securities in place until 31 May but will keep its position
Simon Firth (London) and Dr Christopher Martin (Berlin) of Wilmer Cutler Pickering Hale and Dorr LLP outline the latest opportunities in Germany. The German Parlia
The Commodity Futures Trading Commission has issued a notice of non-approval of a rule amendment submitted by the Options Clearing Corporation. The OCC rule amendment would have treated foreign currency contracts where the exercise price is fixed at a nominal
The Commodity Futures Trading Commission has proposed a rule that specifies requirements for designated contract markets, derivatives transaction execution facilities and exempt commercial markets that list significant price discovery contracts and offer co-location and/or proximity hosting services to market participants.
