Industry associations including the Managed Funds Association (MFA) and the Alternative Investment Management Association (AIMA) have sent a letter to the Financial Stability Board (FSB) expressing concern about the potential suspension of counter
Firms outsourcing the compilation and submission of their Annex IV to fund administrators could find themselves under pressure to disclose the document to investors if administration costs are borne by the fund.
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.
The Securities and Exchange Commission (SEC) will rigorously scrutinise the internal workings and compliance standards at private funds taking advantage of the liberalised marketing and advertising rules as mandated under the JOBS Act.
The Internal Revenue Service (IRS) has published the draft agreement for foreign financial institutions (FFIs) reporting directly to the IRS and those conveying information through the model two intergovernmental agreement (IGA) as mandated under
Hedge funds might need to re-evaluate whether they accept Australian retail capital following the announcement of tougher disclosure requirements by the Australian Securities & Investments Commission (ASIC).
Australia’s burgeoning superannuation funds industry could be forced to scale back their exposures to funds of funds following the introduction of the “MySuper” rules, a partner at K&L Gates in Melbourne has warned.