The Annex IV report under AIFMD contains 38 specific questions for the AIFM and over 300 questions for each AIF being passported across the EU. To say that it is a complex beast is an understatement. “AIFMD regulation is like
Jersey Finance has welcomed an endorsement from the IMF in its latest review, which has praised Jersey’s high standards of regulation and supervision.
The International Organization of Securities Commissions has published standards aimed at addressing regulatory issues of investor protection which have arisen due to the increased invo
Jersey has been praised for the regulation and supervision of its financial sector and for its money laundering and terrorist financing defences.
As with any new piece of legislation, things tend to be a bit chaotic at the start and for European market participants EMIR Transaction Reporting has proved no exception. On 12 February 2014, just 90 days after six different trade
The US and Luxembourg governments have signed an agreement to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA). On 27 February 2014, the Luxembourg and US negotiating teams agreed on the substance of the
Deutsche Börse and Eurex have published a white paper containing a blueprint for reducing systemic risk in the global derivatives market.
New insurance provider Apsley Specialty has teamed up with PartnerRe to launch a specialist underwriting service to the hedge fund sector to deal with the new AIFMD requirements. The agreement, which has a long term potential, was signed between the
Patrick Cole and his company, Global Strategic Marketing (GSM), are to pay over USD2.2m in a CFTC enforcement action over a multi-million dollar off-exchange foreign currency (forex) Ponzi scheme. A court order, issued 26 February 2014, imposes disgorgement of USD1,146,399
The Alternative Investment Management Association has welcomed the impact assessment of the European Commission’s draft directive on Alternative Investment Fund Managers commissioned by th
