Fund managers need to take a holistic approach towards regulation, particularly when it comes to gathering various data sets for different regulatory reports, according to the head of regulatory change at M&G Investments.
The Securities and Exchange Commission (SEC) is likely to change the definition of accredited investor either by increasing the income or net worth threshold, or by introducing financial competency examinations in what could make it harder for sma
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.
The Fixed Income Clearing Corporation (FICC) is seeking regulatory approval from the Securities and Exchange Commission (SEC) and Federal Reserve to provide centralised clearing for the $1.6 trillion institutional tri-party repo market.
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.
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.