Malta's financial services industry has been continuously evolving since it joined the EU in 2004. The island has a buoyant banking and insurance sector, a trust and pensions sector, and along with its funds industry, has been growing in the
FinanceMalta was set up in 2007 to holistically promote the various sectors of Malta's financial industry. FinanceMalta not only focuses on the fund management industry but also covers the insurance sector, trust and foundations sector and wealth management and as
Arthur J Gallagher has enhanced its liability and crime insurance solution for investment managers IMI Pro to provide its broadest cover yet. The Gallagher-designed policy, backed by ‘A+’ rated capacity, responds to the needs of managers and funds by covering
The US Commodity Futures Trading Commission (CFTC) has voted to propose amendments to existing regulations in order to provide additional clarity to swap counterparties and registered entities regarding their reporting obligations for cleared swap transactions; and to improve the efficiency
Marshall Bailey (pictured), president of ACI Financial Markets Association, comments on the release of the Fair and Effective Markets Review (FEMR)… We welcome the recommendations set out in the Fair and Effective Markets Review (FEMR), which sets the foundation for
For London-based managers who are still trying to get their heads around the various machinations of the AIFMD, and where best to set up an EU-regulated fund, help is on its way. On 11 June 2015, at Malta House in Piccadilly,
In today’s increasingly complex and evolving regulatory environment, fund managers expect their providers to have a sophisticated risk management framework that meets global, regional and local standards. “The reality is we are facing increasingly risk-conscious clients who are very aware that
ITG Inc and its affiliate AlterNet Securities have agreed to pay USD20.3 million to settle SEC charges that they operated a secret trading desk and misused the confidential trading information of dark pool subscribers. An SEC investigation found that despite telling the public
Silver Law Group is investigating claims against a pair of self-described retirement planners who are alleged to have falsely promoted to customers the safety and profitability of interest in life settlements. These types of alternative investments which promise substantial income
Barclays Bank is to pay USD400 million to settle US CFTC charges that it engaged in the attempted manipulation and false reporting of global foreign exchange (forex) banchmark rates to benefit the positions of certain traders. As well as the
