Legal

Cayman judgement on directors raises questions about corporate governance standards

A Cayman Islands court has fined two directors of the defunct hedge fund Weavering Capital $111 million each for “wilful neglect” and “default of duties” in a case that could herald higher standards of corporate governance.

Posted on: 31 Aug, 2011

Hedge funds urged to ensure compliance with FSA on phone recording

Hedge funds need to ensure they are fully compliant with the UK Financial Services Authority’s (FSA’s) rules requiring mobile phones are monitored on trading floors.

Posted on: 30 Aug, 2011

Sponsored Article: GAIM Ops 2011 Geneva Preview

GAIM Ops 2011, the European hedge fund due diligence event, will take place between October 12 and 14 at the President Wilson Hotel in Geneva, Switzerland.

Posted on: 30 Aug, 2011

EU countries extend short selling restrictions

French, Spanish and Italian regulators have said they will extend their restrictions on short selling until September 30, 2011 in response to continued market volatility.

Posted on: 26 Aug, 2011
Posted in: LegalRegulation

Concerns remain over bankruptcy remote vehicles

Despite being around for several years now, there are still widespread concerns among market participants about the effectiveness of bankruptcy remote vehicles or special purpose vehicles (SPVs) being offered by some prime brokers.

Posted on: 23 Aug, 2011

Hedge funds face operational uncertainty over FATCA

Hedge funds face operational uncertainty due to the continuing ambiguity surrounding FATCA (Foreign Account Tax Compliance Act) in the US.

Posted on: 17 Aug, 2011

Regulators have still not learned lessons from 2008, leading hedge fund consultant warms

Regulators imposing short selling restrictions have still failed to learn from the lessons of 2008, a leading hedge fund consultant has said.

Posted on: 15 Aug, 2011

Short-selling restrictions enforced in more eurozone countries

A 15 day ban on short-selling has been imposed in France, Italy, Spain and Belgium as eurozone markets continue to struggle.

Posted on: 12 Aug, 2011

IMS launches service to help funds comply with Dodd Frank

The IMS Group (IMS), a consultancy firm, have unveiled a service to help non-US based hedge funds meet the requirements of the Dodd Frank Act.

Posted on: 10 Aug, 2011

Hedge funds marketing to smaller family offices could suffer under AIFMD

Hedge funds marketing themselves to smaller family offices could find themselves restricted due to provisions in the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD).

Posted on: 29 Jul, 2011

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