Equivalence in European and US clearing rules

The European regulator, ESMA (the European Securities and Markets Authority), has so far deemed the rules and their regulatory outcome around central clearing to be equivalent to its own standards in Japan, Singapore, Australia and Hong Kong, with the frameworks in Canada, Mexico and India expected to follow shortly. The big name missing from this list is the US.

Posted on: 18 Mar, 2015
Posted in: Regulation

GAIM Ops: Emerging managers warned on challenges

Managers need Assets under Management (AuM) of between $100 million and $150 million if they are to break-even amid growing regulatory scrutiny and pressure from investors to institutionalise their businesses.

Posted on: 13 Oct, 2014
Posted in: Launches

CFTC harmonisation with SEC to have limited impact on JOBS Act take-up

The Commodity Futures Trading Commission’s (CFTC) decision to harmonise its rules governing advertising and general solicitation at alternative investment fund managers with those of the Securities and Exchange Commission (SEC) will have a limited

Posted on: 29 Sep, 2014
Posted in: Regulation

Regulators must issue clarity on UTIs

European regulators must clarify which counterparty ought to produce the Unique Trade Identifier (UTI), an alphanumeric code designed to enable trade repositories to match trades with other repositories, if the

Posted on: 24 Sep, 2014
Posted in: Regulation

AIMA urges authorities to make public aggregated data from regulatory reports

Data obtained from regulatory filings such as Annex IV under the Alternative Investment Fund Managers Directive (AIFMD), Form PF and Form CPO-PQR, should be aggregated and made publicly available, according to t

Posted on: 17 Sep, 2014
Posted in: Regulation

Cyber-crime awareness increasing beyond CTOs amid regulatory scrutiny

Awareness of cyber-crime at fund managers is moving beyond chief technology officers (CTOs) and IT personnel with a growing number of portfolio managers and other senior executives taking a growing interest.

Posted on: 03 Sep, 2014
Posted in: Technology

EU regulators will struggle to digest data provided by algos and HFTs following MiFID II

European regulators will struggle to digest much of the data they receive from algorithmic traders and high-frequency-traders (HFTs) once the Markets in Financial Instruments Directive II (MiFID II) takes effect.

Posted on: 02 Sep, 2014
Posted in: Regulation

SEC threshold for accredited investor likely to increase in months

The Securities and Exchange Commission (SEC) is likely to re-define the income and net-worth threshold for what constitutes an accredited investor in what could make it harder for early-stage hedge funds and other private funds to solicit capital

Posted on: 12 Aug, 2014
Posted in: Investors

Compliance shortfall at managers with AIFMD, finds BNY Mellon study

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.

Posted on: 22 Jul, 2014
Posted in: Regulation

Alignment needed in firms' internal infrastructure to deal with regulatory reporting

It is essential managers align their internal infrastructure to ensure consistency across their regulatory reports in the US and EU.

Posted on: 20 Jun, 2014
Posted in: Operational Risk


Subscribe to CFTC