Brevan and BlueCrest funds may be 'non-financials' under Emir
Swaps reforms may not apply directly to firms with non-EU offices
Ask derivatives market participants to describe Brevan Howard and BlueCrest Capital Management, and it's likely there will be a fair amount of common ground - the two are among Europe's biggest hedge fund managers and the world's biggest derivatives traders. So it might be a surprise to learn that funds run by both appear not to be directly subject to Europe's over-the-counter derivatives reforms – the European Market Infrastructure Regulation (Emir) – and may be treated as non-financial
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Hedge funds
Most read on Risk.net
- Ice adds insurance to default waterfall
- Swaps data: CCPs – a systemically important market infrastructure
- People moves: new global co-heads at Citi, Tran takes Asia-Pacific role at Crédit Agricole, RBC Capital Markets hires in sales, and more
- Climate change spells death of certainty
- Industry to take up Fed’s white paper on cyber risk