Q&A with Simon Gray, Head of Business Development & Marketing, BVI Finance How do you assess the importance of the crypto/digital asset class as a future growth driver for the jurisdiction? We see crypto assets as a huge potential driver for
With so much bandwidth being absorbed by the gravitational pull of Brexit, hedge fund managers could be forgiven for paying short shrift to the Senior Managers and Certification Regime (SM&CR), which formally comes into effect on 9 December 2019. Set
In a new study of the nation’s largest SEC-registered hedge fund advisers, data reveals that advisers are taking a conservative, long-term approach to their business decisions, regardless of asset declines experienced by many from 2017 to 2018. The study confirms
The US Commodity Futures Trading Commission announced today that it issued orders filing and settling charges against two interdealer brokers – BGC Financial, LP and GFI Securities, LLC. The orders find that brokers employed by BGC and GFI on
US Commodity Futures Trading Commission Chairman Heath P Tarbert has announced the following appointments to the CFTC’s executive leadership team. Summer K Mersinger will serve as Director of the Office of Legislative and Intergovernmental Affairs, while Suyash G Paliwal will
ACA Compliance Group (ACA), a provider of governance, risk, and compliance advisory services and technology solutions, has launched ComplianceAlpha 2.0. This ‘next-generation’ risk and compliance management platform helps global financial services firms stay one step ahead of regulators’ increasingly advanced technological
The US Commodity Futures Trading Commission has filed and settled enforcement actions against Hard Eight Futures, and Igor Chernomzav for spoofing – bidding or offering with the intent to cancel the bid or offer before execution – and for engaging
Broadridge Financial Solutions, is working with FundsLibrary, a provider of digital fund data and regulatory solutions, to develop a new offering for European wealth and asset managers to address the challenges posed by MiFID II Ex-Post Costs and Charges and
Apex Group (Apex) has received Full Depositary authorisation from the Central Bank of Ireland for its subsidiary the European Depositary Bank (EDB) to operate in Ireland. Through EDB, Apex offers independent banking, depositary and custody services to institutional investors and
Three companies – international legal practice Allen & Overy, business information provider IHS Markit and SmartDX – have come together to launch Margin Xchange, a new product for the derivatives market. Margin Xchange is an online platform that covers all stages
