Sign up for free newsletter

 

Legal & Regulation

Ed Francis, Willis Towers Watson

Investment consulting firms respond to FCA Asset Management Study

Fri, 24/02/2017 - 10:54

Aon Hewitt, Mercer and Willis Towers Watson together have submitted to the Financial Conduct Authority (FCA) a package of measures that they say are designed to advance competitiveness and transparency in the investment consultancy and fiduciary management industries. »

Cyprus flag

Invest in Cyprus - Strategic location

Mon, 20/02/2017 - 15:21

With its ideal geographical position at the crossroads of three continents – Europe, Africa and Asia, Cyprus plays a key role in the region of the Eastern Mediterranean. As a safe, transparent, modern business centre, the island is an ideal investment gateway to the European Union, as well as a portal for investment outside the EU, particularly into the Middle East, India and China. »

Donnacha O'Connor, Dillon Eustace

Ireland - Key factors in choosing an alternative investment fund domicile

Mon, 20/02/2017 - 15:16

By Donnacha O’Connor (pictured), Partner at Dillon Eustace – Ireland has a well-established reputation as a leading funds centre, being home to 6,470 regulated investment funds as of December 2016 according to the Central Bank of Ireland, and as a leading fund servicing centre. »

Wayne Gallichan, Locate Jersey

Jersey - Full guidance on setting up home and business

Mon, 20/02/2017 - 15:10

Locate Jersey is part of the Economic Development, Tourism, Sport and Culture department within the Jersey Government (`States of Jersey'). Headed up by Director of International Trade, Wayne Gallichan (pictured), the role of Locate Jersey is to promote Jersey as a place to do business and to attract suitable businesses to the island, as well as HNW individuals; particularly those that are still economically active.  »

BVI

British Virgin Islands - Providing a firm and reliable base for fund managers

Mon, 20/02/2017 - 15:05

Since 2012, the BVI has introduced three exciting and innovative investment fund products, namely: the BVI Approved Manager, the BVI Incubator Fund and the BVI Approved Fund. The Approved Manager was introduced at the end of 2012, followed by the Incubator Fund and Approved Fund in mid-2015, and each has been growing steadily since their launch. Currently, there are 140 Approved Managers, 21 Incubator Funds and 29 Approved Funds, based on figures published by the BVI Financial Services Commission (as of 30 September 2016).  »

Ivan Grech, FinanceMalta

Malta - Q&A with Ivan Grech and Anatoli Grech

Mon, 20/02/2017 - 14:58

Q&A with Ivan Grech, Head of Business Development, FinanceMalta & Anatoli Grech, Executive Secretary of the Malta Funds Industry Association. »

Richard Le Tocq, Locate Guernsey

Guernsey - Promoting and facilitating relocation

Mon, 20/02/2017 - 14:54

In a world where uncertainty appears to be replacing certainty, Guernsey is underlining its inherent stability amidst the changes that are affecting the regulatory, commercial and political realms.  »

Bill Prew, Indos Financial

Fund managers need to be alert to successfully navigate a hard Brexit

Tue, 31/01/2017 - 12:19

Bill Prew (pictured), CEO of Indos Financial, the independent depositary firm, writes that the UK government has finally revealed its Brexit position. “Any chance of a soft Brexit or retained membership of the Single Market has apparently been removed. The UK will almost certainly pull out of the Single Market although some hope policymakers will negotiate a transitional arrangement to avoid a cliff-edge Brexit. »

Gina Miller, SCM Direct

UK government loses Gina Miller Brexit vote appeal

Tue, 24/01/2017 - 09:51

A majority of eight to three of the Supreme Court judges has found in favour of Gina Miller’s (pictured) campaign that the UK Government cannot trigger Article 50 to begin the formal process of leaving the European Union without an Act of Parliament.  »

SCM Direct and True and Fair Campaign founders comment on FCA asset management review

Thu, 24/11/2016 - 08:47

SCM Direct and True and Fair Campaign’s co-founder Gina Miller has commented on the Summary Review of The Financial Conduct Authority Asset Management Market Study, which was published last week, declaring it to be a milestone In UK investors being treated fairly. »

Davina Garrod, Akin Gump

For financial markets and industry alike, the UK's fate must be known as soon as possible

Thu, 03/11/2016 - 14:33

Akin Gump London partner Davina Garrod (pictured), who focuses on trade and financial regulatory issues, comments on the High Court ruling that the UK Government may not invoke Article 50 without parliamentary approval… »

Gina Miller, SCM Direct

Investment manager causes UK government to re-think Brexit plans

Thu, 03/11/2016 - 13:32

Investment manager Gina Miller (pictured) has won a High Court ruling forcing the UK government to hold a vote in Parliament over its plans to start the process of leaving the European Union. »

Information

Asset managers must address solvency issues

Wed, 05/10/2016 - 13:30

Tim Thornton, COO, Fund Services, MUFG Investor Services, comments on the rising capital requirements for fund managers… »

APFA calls for assurance of fair funding model for new pensions guidance body

Wed, 08/06/2016 - 16:32

The Association of Professional Financial Advisers (APFA) has published its response to HM Treasury’s Public Financial Guidance Review consultation. »

APFA comments on FCA savings

Mon, 30/05/2016 - 15:21

The Association of Professional Financial Advisers has responded to the FCA’s Consultation on regulated fees and levies for 2016/17.  APFA’s submission welcomes the savings made by the FCA but also called for: a commitment to a budget freeze for three years; greater clarity on the regulatory boundary on the consumer credit permission; financial penalties to be used to fund the FSCS; and for claims management firms (CMCs) to be required to pay a fee to FOS when submitting a claim.  »

Pension freedoms are Changing divorce settlements for the silver-splitters, says Spring Law

Mon, 16/05/2016 - 15:44

The over-50s now account for the biggest increase in the divorce rate according to Government statistics. These so-called silver-splitters often have extremely sizeable pension pots having had the opportunity to make contributions over a long period when there was a more incentivised tax regime and higher investment returns. »

IFC Forum calls for shareholder data to be effectively verified

Fri, 13/05/2016 - 09:00

The IFC Forum has welcomed the Anti-Corruption Summit’s commitment to improving the accuracy of beneficial ownership information available to tax and law enforcement authorities. Data verification is required to effectively combat crime and corruption. »

Leading academic questions effectiveness of UK-style central registry

Leading academic questions effectiveness of UK-style central registry

Wed, 04/05/2016 - 15:25

The effectiveness of central registries of beneficial ownership in combatting financial crime has been questioned by a leading academic in global financial regulation. »

Geoff Cook, Jersey Finance

Beneficial ownership agreement re-affirms commitment to combatting global financial crime

Tue, 12/04/2016 - 09:49

Geoff Cook (pictured), Jersey Finance CEO, comments on David Cameron’s announcement of an agreement by the Crown Dependencies and Overseas Territories to provide beneficial ownership information to the UK Government… »

The fight against money laundering and tax evasion must be truly international, argues IFC Forum

The fight against money laundering and tax evasion must be truly international, argues IFC Forum

Thu, 07/04/2016 - 15:21

The publication of the Panama Papers has raised serious questions about global compliance with international regulatory standards, and it is apparent that some jurisdictions have fallen markedly behind in the global efforts to combat money laundering and tax evasion. »

Why investors should be miffed about MiFID II

Mon, 04/04/2016 - 12:26

Joshua Maxey, (pictured) Managing Director, Third Bridge, sets the scene on the postponement of MiFID and its implications for investors. »

Luis Pedro

Rebuilding Swiss investor confidence in hedge funds

Thu, 24/03/2016 - 10:31

Oligo Swiss Fund Services received its license from the Swiss authorities 13 months ago to provide Swiss legal representative services and has already onboarded more than 200 funds registered for distribution to Swiss qualified investors. These include offshore hedge funds, UCITS-compliant hedge funds and private equity funds.  »

Roman Pelka

CISA proves successful within 12 months

Thu, 24/03/2016 - 10:22

It is now one year in to the Swiss Collective Investment Scheme Act (CISA) and overall impressions appear to be that it has been a success. One particular aspect of CISA, namely the requirement for alternative fund managers marketing their funds in Switzerland to "unregulated qualified investors" (eg pension funds, family offices) to appoint a Swiss Fund Representative and Paying Agent, has proven to be no more than a mild shower in a teacup.  »

James Williams

Regulations improve Swiss investor confidence in hedge funds

Thu, 24/03/2016 - 09:25

There was a degree of trepidation among foreign hedge funds when Switzerland formerly introduced a revised version of the Collective Investment Scheme Act (CISA) on 1 March 2015, bringing hedge funds under the watch of FINMA, Switzerland's financial regulator, for the first time.  »

Rplan.co.uk proposes industry charter to counter ‘surprising disparity’ in service provided by fund platforms

Rplan.co.uk proposes industry charter to counter ‘surprising disparity’ in service provided by fund platforms

Wed, 09/12/2015 - 17:44

Rplan.co.uk has appealed to the Financial Conduct Authority to support a new industry charter guaranteeing best practice after its surprise at the findings of a report revealing a wide disparity in fund platforms’ services and charges. »

Nuck Parkes, DMS Offshore

Growth in FATCA and AIFMD compliance

Wed, 09/12/2015 - 10:10

DMS Offshore Investment Services (‘DMS') Limited was established in the Cayman Islands by Don Seymour in 2000. Over the past 15 years it has grown into one of the industry's leading fund governance firms with over 200 people. »

Micahel Medvinsky, Nedelma Inc

Improving regulatory reporting efficiency

Wed, 09/12/2015 - 10:06

The Portfolio Amalfi™ platform by Nedelma Inc. offers multi-asset, multi-language and multi-currency dynamic reporting and data visualisation and analysis capabilities to the asset management industry. The platform also offers data aggregation tools as well as portfolio management solutions and a calculation engine.  »

Derek Adler, Ifina

The gateway of choice for emerging investment managers

Wed, 09/12/2015 - 09:31

The emergence of complex rules and regulations such as AIFMD and FATCA means that any new manager with visions of running their own hedge fund business must think carefully about the best route to market.  »

MIFID II postponed

Fri, 13/11/2015 - 10:19

Oliver Lodge, OWL Regulatory Consulting Ltd comments on the postponement of MiFID II. »

AMG Funds and Pantheon deliver private equity fund access for retail investors

AMG Funds and Pantheon deliver private equity fund access for retail investors

Fri, 30/10/2015 - 04:29

AMG Funds and Pantheon, have finalised the 1933 Act registration of the AMG Pantheon Fund making it more widely available to accredited investors seeking access to a diversified, institutional-calibre portfolio of private equity through a single investment.  »

features

Progeny Group is on the growth path

Wed, 01/02/2017 - 07:24

Nutmeg’s core approach to ETFs

Wed, 18/01/2017 - 14:44

WMA indices switch to MSCI

Sun, 15/01/2017 - 13:02

Heartwood launches ethical accounts

Fri, 02/12/2016 - 09:38

Special Reports

Guide to Relocation 2017

Guide to Relocation 2017

Mon, 20/02/2017 - 14:43

events
2 days 12 hours from now - New York
3 days 23 hours from now - Frankfurt
3 days 23 hours from now - Hong Kong
4 days 23 hours from now - Berlin
training
Tue, 07/03/2017   - London
Sun, 19/03/2017   - London
Mon, 20/03/2017   - London
specialreports
other gfm publications