Linda Gibson, Director of Regulatory Change and Compliance Risk, BNY Mellon’s Pershing on teh challenge and opportunities of MiFID II…
Legal & Regulation
Proposals for a three-year tax break to attract more HNW relocations have been welcomed by property lawyer, Advocate Martyn Baudains.
With the implementation of AIFMD and UCITS V, the cost of launching EU funds has undoubtedly increased. Managers have to weigh up these costs versus the benefits of reaching a wider audience of European investors, compared to offshore funds. For those based in the UK, an added complication is Brexit.
Guernsey’s Private Investment Fund regime was launched in November last year and has so far proved to be a popular route to launch a private fund. As the regime approaches its first anniversary, Annette Alexander (pictured) of Carey Olsen, on behalf of the Guernsey Investment Fund Association, explains the PIF’s key features and the reasons behind its popularity.
Apex Fund Services (Apex) has been granted official approval and licensing by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (AGDM) and has become one of the first Independent fund administrators approved to carry out Regulated Activity in the jurisdiction.
Reform of EU’s Solvency II rules for insurers may trigger surge in European listed real estate investment
Changing EU capital requirement rules for insurers so that listed real estate is treated like direct property investment could result in a sharp increase over time in investment flows to the industry from the continent’s largest pool of institutional capital, the CEO of the European Public Real Estate Association said at EPRA’s annual conference on Wednesday.
UK peer-to-peer platform Assetz Capital has received full authorisation from the UK regulator, the Financial Conduct Authority (FCA).
The Bermuda Monetary Authority (Authority) has successfully petitioned the Supreme Court of Bermuda to wind up Cumulus Eastern European Property Fund Limited (Cumulus) pursuant to section 36(1)(b) of the Investment Funds Act 2006 (the IFA) and the provisions of the Companies Act 1981.
By George Ralph (pictured), RFA – If you hadn’t already got enough on the agenda for this year, MiFID II - Markets in Financial Instruments Directive II - and its accompanying regulation, Markets in Financial Instruments Regulation (MiFIR) are looming ever closer to their full implementation date of 3rd January 2018. That’s 23 weeks away. I don’t need to tell you that it’s not long at all.
By George Ralph, RFA - It’s August already, and 2017 is over half gone. There are two major pieces of legislation coming into effect in early 2018, which will affect alternative investment firms in the UK, and firms worldwide who are holding data on European citizens, or trading with firms in the EU.