Global true cross-border funds and registrations kept increasing in 2023 – according to PwC Luxembourg’s annual GFD Poster.
Alternative fund managers are concerned about the growing threat they are facing from money laundering risks and their organisation’s focus on Anti-Money Laundering (AML) management is set to increase over the next 24 months, according to new research from compliance firm Ocorian.
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with genuine independence from government and how they are held to account.
Blue Tractor Group has received notice from the SEC to license their semi-transparent ETF model to investment managers who offer long/short portfolios.
Ever since Robert Maxwell was found to have treated the Mirror Group pension fund as his own personal piggy bank, the government has insisted that schemes appoint member nominated trustees (MNTs) to improve scheme governance and ensure such fraud never happens again.
Boring Money and Broadridge Financial Solutions, Inc are to provide a single source of data and insights for asset managers designed to combine product analysis with consumer perspective to holistically address the requirements of the UK’s Consumer Duty regulation.
Komainu, a regulated digital asset custody service provider, has announced that it has received approval from the UK Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist Financing and Transfer of Funds (Information of the Payer) regulations 2017.
Compliance and risk managers Waystone and KB Associates (KBA), an Irish UCITS management company, have announced the successful conclusion of the merger of KBA into the Waystone Group.
It has been nearly a year since then Prime Minister Liz Truss’ ‘mini-Budget’ caused a collapse in gilt prices which wiped GBP500 million wiped from the UK’s defined benefit (DB) pension schemes and caused a crisis in confidence in the widespread use of liability-driven investment (LDI) strategies.
The EFAMA Secretariat writes that the European Commission has taken a significant stride with its newly unveiled proposal on Environmental, Social, and Governance (ESG) rating activities, which aims to provide a more comprehensive understanding of ESG ratings methodologies, data sources, and potential biases, ultimately empowering investors to make informed decisions.
