Under scrutiny

South Africa's Financial Services Board has set about officially licensing more than 100 of the country's hedge fund managers during the past year. Although industry reaction to the exercise has been positive, some managers disagree over what form future regulation should take. Mark Pengelly reports

risk-081001-37-gif

South Africa's hedge funds have recently had a different kind of exposure thrust upon them. Over the past year, the country's Financial Services Board (FSB) has been engaged in officially licensing local hedge fund managers - a process that involved managers submitting lengthy applications and acquiescing to day-long on-site visits from the regulator. The initiative represents the FSB's first attempt to get to grips with the sector, which had formerly been regarded as self-regulating (Risk March

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here