Legal & Regulation | Institutional Asset Manager

DTCC secures regulatory approval to provide derivatives trade reporting services in Switzerland

Tue, 08/01/2019 - 09:42

The Depository Trust & Clearing Corporation (DTCC) has received regulatory approval from the Swiss Financial Market Supervisory Authority to provide trade reporting services in Switzerland via DTCC’s Global Trade Repository service (GTR) in Europe. »

Wells Fargo Asset Management Luxembourg expands license in Luxembourg to support European market

Fri, 28/12/2018 - 09:13

The Commission de Surveillance du Secteur Financier (CSSF), the financial regulator of Luxembourg, has granted a non-objection to the expansion of Wells Fargo Asset Management Luxembourg’s (WFAML’s) existing license. »

CMA sets out investment consultants reforms

Wed, 12/12/2018 - 09:24

The CMA has announced a range of reforms to the investment consultancy and fiduciary management sector after finding competition problems. »

Picture of a man with megaphone making announcement

TISA’s MiFID II project delivers open standards solution

Tue, 11/12/2018 - 09:05

TISA, the investments and savings membership alliance, has achieved ISO accreditation for the open standards underpinning the downstream and upstream reporting of Costs & Charges and Target Market Data in its MiFID II solution. »

Guernsey financial services policy framework offers positioning, principles and priorities

Fri, 07/12/2018 - 18:20

The States of Guernsey’s Committee for Economic Development and finance sector promotional agency Guernsey Finance have published a Policy Framework to support the growth of the island’s finance sector. »

S&P DJI establishes EU authorised benchmark administrator in Amsterdam

Wed, 05/12/2018 - 10:50

The Dutch Authority for Financial Markets (AFM) has granted S&P DJI Netherlands (S&P DJI BV) authorisation as a regulated Dutch benchmark administrator, under the EU benchmark regulation. »

Cayman Funds - Meeting the new anti-money laundering rules, deadline approaching

Wed, 05/12/2018 - 08:03

By Andrew Millar & Gerrard Finnegan, Estera – While New Year is generally a time of celebration, recent history has shown that it can also ring in a regulatory deadline or two. As the world welcomed in 2018, Europe saw the Markets in Financial Instruments Directive (MiFID II) come into force. And later this year, it’s the turn of the Cayman Islands, with a final deadline for the revised Proceeds of Crime Law landing on 31 December. »