Alternative Investment Management Association (Aima)
The human touch: SMCR extension reaches smaller firms
Extended to nearly 50,000 firms, UK regime aims to pinpoint responsibility, from money laundering to #MeToo
Fund fears linger over guidelines set to avert fire sales
Final Esma framework allays some European asset managers’ concerns
People moves: BAML loses two in exotics, BNPP’s global markets overhaul, and more
Latest job changes across the industry
Will private credit go from boom to bust?
It is the acceptable face of shadow banking. But is too much money chasing too few opportunities in private credit?
The long arm of European law: Mifid alarms the world
Non-European firms may have to undertake compliance projects without knowing the final rules
Esma set to backtrack on mandatory asset segregation
Maintaining the status quo would avoid disrupting securities financing and collateral reuse
Dealers leave buy side guessing on Mifid trade reporting
Clients face tougher reporting rules if dealers don’t become systematic internalisers
Derivatives bail-in raises questions in Hong Kong
Banks seek clarity, but regulator wants maximum flexibility for its bail-in decisions
Eurex and LCH reject one-day margin regime for futures
Decision on whether to copy US rules still in the balance, says Esma
Asset managers push CFTC for more relief on position limits
Funds welcome aggregation tweaks but urge regulator to go further
Equity derivatives in scope for FTT, say experts
But broad-based European tax unlikely to gain quick traction
Complexity and returns behind PFZW decision to ditch hedge funds
Dutch pension fund to focus on controllability and intelligibility
EC challenged to adopt Basel method for AIFMD leverage
Hedge funds oppose gross and commitment calculations
Equity benchmarks unsuitable hedge universe measure
Fixed income returns more appropriate performance metric
Buy-side reporting concerns as February Emir deadline looms
Quotes of the quarter
FCA to scrutinise funds' op risk, expert warns
EU Alternative Investment Fund Managers Directive requires greater formality over op risk
EU financial transaction tax may drive Asian banks away from European business
Eleven EU states have agreed to implement a harmonised financial transaction tax, due to begin in January 2014. The tax has a huge extraterritorial reach, posing serious questions about its impact on Asia
Hedge funds face dilemma of implementing socially responsible investing
Responsible investing challenge
On the move
On the move
EU council reaches compromise agreement on AIFM
The European Council has finally reached agreement on its approach to the alternative investment fund managers (AIFM) directive, paving the way for an end to negotiations and a deal on non-EU managers.
FSA worried over excessive EU rules while firm on proportionate solution for hedge fund pay
UK regulator worried heavy handed rules will drive hedge funds out of Europe, depriving supervisors of information on their European activities
AIMA in bid to stave off imposed global regulation
Daily news headlines
AIMA names new deputy chief executive
The Alternative Investment Management Association (AIMA) has named Andrew Baker as its new deputy chief executive.