The UK’s Financial Conduct Authority (FCA) issued fines of more than £346.3 million for market abuse related breaches in 2013, according to research by Kinetic Partners, the regulatory compliance consultancy.
The reporting methodologies for Regulatory Assets under Management (RAuM) at fund managers used by Form PF in the US and Annex IV under the Alternative Investment Fund Managers Directive (AIFMD) could result in regulators imposing bank-style rules
US fund managers are “reluctantly embracing” the Alternative Investment Fund Managers Directive (AIFMD) as question marks are increasingly raised about the viability of reverse solicitation, according to Dechert.
There is a significant compliance shortfall among managers with the Alternative Investment Fund Managers Directive (AIFMD), which is due to be implemented today, according to a study by BNY Mellon in conjunction with FTI Consulting.
It is essential alternative mutual funds have in place liquidity terms and leverage profiles that meet the compliance requirements enshrined in the ’40 Act if they are to not fall foul of the upcoming examinations being undertaken by the Securitie