Legal & Regulation

Sponsored by Apperio

Apperio provides in-house legal departments and finance teams with complete transparency and clarity on their external legal spend, including historical data all the way up to accruals / unbilled work-in-progress (WIP).

Logo
Story

Jersey sees uptick in number of fund managers choosing the island’s private placement regime

Jersey sees uptick in number of fund managers choosing the island’s private placement regime

A growing number of Jersey-registered fund managers are opting to future-proof their strategies and market into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD), according to the latest figures from Jersey’s regulator, the Jersey Financial Services Commission (JFSC).

Story

The EU's GDPR – What does it mean for US-based firms?

The EU's GDPR – What does it mean for US-based firms?

 

By Olivia Munro – As the deadline to the GDPR steadily approaches, it is important to start preparing for the regulation if you haven’t already.  In case you aren’t aware, the EU took a major step to protect their citizens’ personal data and privacy rights by instating the EU Greater Data Protection Regulation (GDPR), which is scheduled to go into effect on 25 May, 2018.  However, just because the GDPR is an EU regulation, it doesn't mean that US based firms are exempt. 

Story

“The Pareto Principle”

“The Pareto Principle”

By Nick Bayley (pictured), Duff & Phelps – It’s 3 January 2018. Hallelujah! Christmas has been and gone. The festive cheer over for another year. But there’s one more gift welcoming everyone as they head back to their offices: MiFID II has officially come into effect. 

Story

The Bahamas prepares risk-based approach to regulatory oversight

The Bahamas prepares risk-based approach to regulatory oversight

Last July, the Securities Commission of The Bahamas (the Commission) embarked on a process to overhaul the Investment Funds Act. The Investment Funds Act 2003 was largely structured to be in line with the operations of fiduciary administrators and did not necessarily account for the appropriate regulation of the various roles within a fund structure. 

Story

Luxembourg: Hub of European fund industry

Luxembourg: Hub of European fund industry

The days of thinking about single jurisdictions are long gone. When structuring a large private equity fund, for example, it is likely going to contain international investors (the US, Europe, Asia) and is, in effect, a commercial deal between all interested parties to draw down the money. The reality is, different investors have different preferences.