Operational Risk

Investors and service providers open to criminal prosecution if they have links to hedge funds violating UK Bribery Act

Institutional investors and service providers could face criminal prosecution if they have a working relationship with a hedge fund that falls foul of the UK’s draconian anti-bribery act.

Posted on: 13 Jun, 2011

Major improvements in hedge fund transparency, according to Preqin poll

Hedge fund transparency has markedly improved over the last year, according to a Preqin poll of institutional investors.

Posted on: 10 Jun, 2011

Wells Fargo to join SwapClear

LCH.Clearnet announced today that Wells Fargo Bank NA has signed a letter of intent to join LCH.Clearnet Ltd’s (LCH.Clearnet) SwapClear, a global clearing service for over-the-counter (OTC) interest rate swaps.

Posted on: 09 Jun, 2011
Posted in: Operational Risk

Hedge funds with sovereign wealth fund clients could face SEC checks

Hedge funds whose client base includes sovereign wealth funds (SWFs) could find themselves being targeted by the US Securities and Exchange Commission (SEC) for non-compliance with the Foreign Corrupt Practices Act (FCPA).

Posted on: 07 Jun, 2011

Regulators should be more realistic over financial reform agenda

Regulatory authorities should put greater emphasis on pursuing deliverable and focused financial reform rather than trying to meet “unrealistic” deadlines, according to Anthony Belchambers, chief executive officer at the Futures and Options Associ

Posted on: 01 Jun, 2011

Institutional investors outline operational wish list for hedge funds in AIMA guide

Corporate governance featured highly in an institutional investor guide laying out terms for the allocation of capital to hedge funds.

Posted on: 31 May, 2011

Uncertainty remains over the viability of mini primes

The mini prime brokerage space could be relegated even further into obscurity unless these under fire firms find strategic partners or enhance their technology infrastructures.

Posted on: 27 May, 2011

Hedge funds trading FX could be caught out by Dodd Frank

Non-US hedge funds trading in FX could be forced to find new US counterparties if they want to avoid being inadvertently fined for non-compliance by US regulators under some of the more obscure provisions in the Dodd Frank Act.

Posted on: 26 May, 2011

Non EU CCPs do not need individual member state approval according to draft text

Non-European Union (EU) central counterparty (CCP) clearing houses will not require individual member state approval to clear over-the-counter (OTC) derivative trades for EU financial institutions.

Posted on: 25 May, 2011

Hedge funds warned over interacting with investors via social media

Hedge funds that utilise social media such as Linkedin, Twitter and Facebook to interact with investors must ensure their staff are fully compliant when using these digital communications platforms.

Posted on: 23 May, 2011


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