Legal & Regulation | Institutional Asset Manager

AFME calls for greater supervisory convergence in European crypto-asset regulation

Wed, 13/11/2019 - 09:18

The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe. »

New regulations force financial services firms to ramp up investment in outsourcing

Thu, 31/10/2019 - 10:41

Well over half of asset managers at financial services firms (58 per cent) say that recent industry regulations have resulted in their organisation either investing in new technology or bringing in a third party to help meet new data management requirements. »

Labuan IBFC signs MoU with China Construction Bank

Tue, 29/10/2019 - 10:15

Labuan International Business and Financial Centre Incorporated (Labuan IBFC), the market development agency for Labuan International Business and Financial Centre (Labuan IBFC), has signed a Memorandum of Understanding (MoU) with China Construction BankLabuan (CCBL) to allow CCBL to promote the benefits of Labuan IBFC to Chinese and Chinese related companies. »

SEC to vote on changes to whistleblower law

Mon, 21/10/2019 - 10:00

The US Securities and Exchange Commission (SEC) is neeting on Wednesday 23 October to vote on proposed changes to the SEC's highly successful Dodd-Frank Act whistleblower reward program. »

Coming off autopilot: The SEC issues guidance on investment advisers’ proxy voting responsibilities

Wed, 09/10/2019 - 09:00

By Northern Trust – After a November 2018 roundtable on the proxy process, the SEC has begun issuing guidance around the use of proxy advisors. This promises to be the beginning of the SEC’s scrutiny into proxy voting, not the end. »

CFTC orders interdealer brokers to pay USD25 million for fraud in FX options markets

Thu, 03/10/2019 - 10:43

The US Commodity Futures Trading Commission announced today that it issued orders filing and settling charges against two interdealer brokers – BGC Financial, LP and GFI Securities, LLC. »

ACA Compliance Group launches ‘next-gen’ regtech platform

Tue, 01/10/2019 - 10:22

ACA Compliance Group (ACA), a provider of governance, risk, and compliance advisory services and technology solutions, has launched ComplianceAlpha 2.0. »

Broadridge and FundsLibrary to provide regtech solutions for European wealth and asset managers

Wed, 25/09/2019 - 10:06

Broadridge Financial Solutions, is working with FundsLibrary, a provider of digital fund data and regulatory solutions, to develop a new offering for European wealth and asset managers to address the challenges posed by MiFID II Ex-Post Costs and Charges and Solvency II. »