EC urges industry solution on UTI challenges

The European Commission has said the financial industry - as opposed to regulatory bodies – is better placed to reach an agreement over which counterparty develops the Unique Trade Identifiers (UTI), the alphanumerical code designed to enable trad

Posted on: 01 Dec, 2014
Posted in: Regulation

Uncertainty over extension of Pan-EU passport to non-EU managers remains

The extension of the pan-EU passport to non-EU managers as envisioned under the Alternative Investment Fund Managers Directive (AIFMD) is contingent on third countries meeting equivalence standards laid out by the EU and the effectiveness of the n

Posted on: 07 Nov, 2014
Posted in: Regulation

Questions over depositaries pricing risk into fees

A number of depositaries may not be pricing the costs of strict liability into client fees with many under-charging because they are discharging the liability to their prime brokers acting as sub-custodians.

Posted on: 03 Nov, 2014
Posted in: Regulation

Uncertainty over scope of SFT reporting

There is still uncertainty about the scope and nature of the reporting requirements likely to be expected under the recently proposed Securities Financing Transaction Regulation in the European Union (EU).

Posted on: 03 Nov, 2014
Posted in: Regulation

Debate over whether multi-depositary regime could emerge under AIFMD

There is debate as to whether a multiple-depositary model could emerge under the EU’s Alternative Investment Fund Managers Directive (AIFMD) once the national private placement regime expires in 2015.

Posted on: 29 Oct, 2014
Posted in: Regulation

Fund managers still charging end clients for research despite FCA clampdown

Almost three quarters of UK investment firms have taken little or no action to revise the way in which they purchase research using dealing commissions despite the recent clampdown by the Financial Conduct Autho

Posted on: 28 Oct, 2014
Posted in: Regulation

MiFID II research costs will disproportionately impact smaller managers

Requirements under the Markets in Financial Instruments Directive II (MiFID II) stipulating fund managers must pay for research through their management fee as opposed to equity commissions will adversely impact smaller firms.

Posted on: 27 Oct, 2014
Posted in: Regulation

TriOptima unveils product to assist firms in pairing of reported OTC instruments under EMIR

TriOptima has announced that its triResolve service, a portfolio reconciliation tool, could help financial insti

Posted on: 24 Oct, 2014
Posted in: Regulation

ESMA likely to force primes to segregate AIF and non-AIF assets

The European Securities and Markets Authority (ESMA) is likely to force prime brokers to segregate AIF assets from non-AIF assets in what could have significant implications for the prime brokerage operating model.

Posted on: 20 Oct, 2014
Posted in: Regulation

GAIM Ops: Managers urged to collect static Annex IV data

Fund managers impacted by the Alternative Investment Fund Managers Directive (AIFMD) should begin collecting static data from their counterparties to start populating the Annex IV report so as to avoid a mad rush when the deadline approaches.

Posted on: 10 Oct, 2014
Posted in: Regulation


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