Operational Risk

CIMA likely to introduce director disqualification regime, predicts Jones Day

The Cayman Islands Monetary Authority (CIMA) is likely to introduce a director disqualification regime to fight substandard corporate governance, an expert has predicted, although added such an initiative would lack teeth.

Posted on: 04 Dec, 2012

US unlikely to meet new FATCA deadline, warns EFAMA

US authorities could yet struggle to meet the delayed FATCA deadline, the European Fund and Asset Management Association (EFAMA) has warned.

Posted on: 03 Dec, 2012

ESMA policy opinion on Ucits could prompt further clampdown

ESMA has issued a policy opinion which could prevent Ucits funds investing into hedge funds in what might herald a clampdown on Ucits investing in esoteric or illiquid products.

Posted on: 03 Dec, 2012

Bloomberg Start-up Hedge Fund Conference London 2012: Key Points

Bloomberg Hedge Fund Start-up Conference 2012

 

$2.19 trillion      -      Total capital invested in global hedge fund industry (Hedge Fund Research)

Posted on: 29 Nov, 2012

Banks need to be more transparent on eurozone crisis

Banks need to be more forthright with buy-side clients about the operational implications of a eurozone country (or countries) exiting the single currency or common market.

Posted on: 28 Nov, 2012

Extension to CFTC registration deadline highly likely for funds of funds

Funds of funds are likely to be given an extension to CFTC registration amid concerns that many organisations are still struggling to identify whether they can claim the Regulation 4.13(a)(3) exemption.

Posted on: 23 Nov, 2012

ALFI Luxembourg 2012: A Summary

Here are some of the key points from ALFI, which took place in Luxembourg between November 20 and 21.

Posted on: 22 Nov, 2012

ALFI Luxembourg: Depositaries could shun some funds of funds due to AIFMD Level 2 liability concerns

Depositaries could be forced to rethink some of their relations with funds of funds because of the strict liability requirements mandated under the AIFMD Level 2 provisions, experts have warned at ALFI Luxembourg.

Posted on: 22 Nov, 2012

ALFI Luxembourg: AIFMD Level 2 stance on cash flow monitoring alarms depositaries

AIFMD Level 2 requirements forcing depositaries to “implement” cash flow monitoring will seriously ramp up costs and could prove nigh on impossible to enact for certain strategies, experts at BNY Mellon and BNP Paribas have said at the ALFI Confe

Posted on: 21 Nov, 2012

UBS commitment to prime brokerage reaffirmed

UBS’s prime brokerage business will not be scaled back despite massive cuts in other parts of the bank.

Posted on: 19 Nov, 2012

Pages

Subscribe to Operational Risk