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Esma board to decide on AIFMD prime broker segregation

How prime brokers should segregate assets posted as collateral by hedge funds and held on their behalf to be debated by the board of the European Securities and Markets Authority

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A source close to the European Securities and Markets Authority (Esma) says the regulator is close to a decision resolving how, under the alternative investment fund managers directive (AIFMD), prime brokers should segregate assets posted as collateral by hedge funds and held on their behalf.

The source says national regulators from Esma's 28 member states will meet on July 9 to hammer out a

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