The “patchwork quilt” of regulatory requirements resulting from European Union member states exercising discretion under the Alternative Investment Fund Managers Directive is likely to deter many non-EU firms from operating in the market – but that need not be the case, according to Sturgeon Ventures, the regulatory incubator. The National
BNY Mellon has launched a new service for fund managers that helps them identify, aggregate and manage the regulatory reporting requirements of the Alternative Investment Fund Manager’s Directive (AIFMD). Under AIFMD, alternative investment fund managers (AIFMs) must file a specifically formatted report with their home member state’s supervisory authority, or
Carey Olsen has acted in a significant acquisition and financing deal by Goldman Sachs and affiliates to buy UK motor insurance company Hastings Insurance Group. With 1.3 million customers, the group’s brands include Hastings Direct, People's Choice, Insure and Renew. The acquisition will be financed through a mix of equity
With Guernsey’s new opt-in AIFMD equivalent regime effective from 2 January 2014, Fiona Le Poidevin, chief executive of Guernsey Finance, explores how the island offers optionality and substance to fund managers. There is no escaping from the fact that the EU’s AIFMD presents one of the biggest regulatory challenges the
Compliance levels in the private equity industry improved in 2013, according to the Guidelines Monitoring Group. As in previous years the group reviewed a sample of portfolio companies to assess compliance with the enhanced disclosure requirements set out in the Walker Guidelines. Compliance levels improved in 2013 and of
The Guernsey Financial Services Commission (GFSC) has released a new set of rules which form an opt-in regulatory regime of measures equivalent to the Alternative Investment Fund Managers Directive (AIFMD). The AIFMD Rules, 2013 have been published on the GFSC’s website and take effect from 2 January 2014. Fiona
Metric Capital Partners (MCP), the European private capital group, has completed its investment in Augusta Securities, a financial services company focused on the provision of funding for commercial litigation cases in the UK. Augusta is an independent financial services company offering solutions to the small and mid sized litigation funding
SMT Fund Services (Ireland) Limited has appointed Kii Hub to produce and deliver Key Investor Information Documents (KIIDs) for its established platform of UCITS funds. This extends the relationship that already exists with SuMi TRUST Global Asset Services, as Kii Hub has been producing KIIDs for the funds managed by
International banks and other investors considering public private partnership (PPP) investments in Scotland are already seeking legal opinions as to what would happen if Scotland broke away from the UK, says City law firm RPC. RPC says that a number of its international financial institution clients are concerned about investing
The Russian Direct Investment Fund (RDIF) and Fondo Strategico Italiano (FSI) has signed a memorandum to establish a EUR1bn Russian-Italian investment platform. The signing ceremony took place in Trieste in presence of the President of Russia Vladimir Putin (pictured) and the Prime Minister of Italy Enrico Letta. The two
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
