Login Newsletter Membership About us Search

Regs & Compliance

Top of the chain

With the Consumer Duty expected to come into effect on 31 July 2023, the responsibility to comply will apply to the entire supply chain, including fund managers

Citco partners with Fenergo

Citco to integrate Fenergo’s client lifecycle management platform

G for granularity

KEY ESG’s latest report suggests ESG reporting requires collection of more granular data

Valutico closes first financing round

The valuations platform has secured investment from outside investors, including PUSH Ventures, aws Gründerfonds and Erste Group

Travers Smith names Cawood as PE head

The appointment follows several departures from the law firm as US-led groups build their European practices

Crestbridge appoints senior risk and compliance officer

Marie Morris joins from Butterfield Bank to assume the roles of director and money laundering compliance officer

Diligend secures series A and rebrands

Financing round led by Nasdaq Ventures; Diligend becomes Dasseti

Simpson Thacher appoints financial regulatory lawyer

Stephanie Biggs joins from Travers Smith to co-lead the firm’s European financial services and funds regulatory team

Core opens for business

The company offers a range of fund administration services for GPs based in Guernsey

Tackling tokenization

As GP appetite for tokenization increases, concerns around liquidity, security and regulation need demystifying

Talos partners with Formidium

The partnership combines fund administration services with digital asset trading strategies

IDR launches next-generation fund subscription

The service aims to provide a smooth fund subscription service that easily connects GPs and LPs

Apex acquires Luxembourg’s ALFI Partners

The acquisition aims to deliver a cross-border fund-distribution solution

A question of intent

EFAMA responds to ESA’s consultation on greenwashing, distinguishing between misleading with intent and regulatory uncertainty

Capital-raising punishment: Painful process

A sleek and streamlined onboarding process is vital to make sure hard-won commitments aren’t scared off

Regulatory roadmap 2023

ESG is set to be the biggest bump in the regulatory roadmap for 2023, along with AIFMD and AML reforms in tow

Highvern Ireland to offer fund administration services

The Central Bank of Ireland has granted the firm regulatory approval for fund administration services

RedeWire portal to tackle restrictive marketing rules

Built against a backdrop of complex marketing regulations and tough fundraising conditions, Rede’s new LP portal gathers new fund offerings in one place

Capital raising punishment: Marketing madness

Compliance and legal obligations for raising a fund have been building steadily in recent years. But given the sudden tightening of the fundraising market, the myriad rules managers must navigate have made capital raising a punishingly cruel exercise.

State of New York increases cap on alternative allocations for pensions

Governor has signed bill increasing permitted allocations from 25% to 35%

Pinsent’s Bowen joins K&L to launch Dublin office

Gayle Bowen is joined by Shane Geraghty and Michelle Lloyd as founding partners

5 minutes with… David Genn, CEO of Goji

We spoke to the CEO of Goji to find out how they are using digitisation to open up investor access to private equity funds

MJ Hudson appoints director in ESG and sustainability team

Mark Thompson joins MJ Hudson’s London office

A piece of the pie

As the alternative assets sector becomes more attractive for DC pension schemes, fund managers are tasked with scaling up to accommodate liquidity management

IPEV publishes updated guidelines

The latest version includes updates reflecting the impact of distressed market conditions

Euroclear acquires Goji

The acquisition allows Euroclear to enter the private markets through digitisation

Edinburgh reforms cement UK financial divergence

The Chancellor of the Exchequer revealed more than 30 regulatory reforms to the UK financial industry to drive competitiveness and growth

PRI welcomes sustainability due diligence legislation

Eurosif and the Investor Alliance for Human Rights among consortium supporting EU proposal; which has issued additional recommendations

CSRD implementation removes GP hurdle

The CSRD has been officially adopted as EU legislation, removing a GP operational burden

IQ-EQ acquires Laven Compliance

Acquisition sees IQ-EQ expand its regulatory compliance services

Goji partners with Apex

The partnership aims to streamline onboarding, KYC & AML and digital subscriptions

Exclusion exemption

FCA clarifies which investors are exempt from Consumer Duty in latest quarterly consultation paper

Comment: Known or knowable? It depends

Nic Müller, CEO of Avega Capital Management, looks at a recent clarification to the IPEV guidelines, and hopes greater harmonisation is coming

Managers downgrading SFDR fund labels

Continued tightening of the SFDR has seen several funds move from Article 9 to Article 8

Asante expands to Munich

George Lyons will serve as director of the Munich office

ESG-related terms: a new circle of confusion

ESMA’s consultation on ESG-related terms risks adding more uncertainty to an already fragmented legal framework

Diligend partners with Intelligo

The partnership aims to improve due diligence with platform, Clarity

Oak Group makes two appointments

Oak has hired Belinda Ridout as director of client accounting and Hannah Crocker as company secretary

Investing in new tech is major challenge for GPs

According to a new report from Aztec, 83% of alternative investors are struggling with bringing new technologies into their firms

Valuations decrease predicted for Q4

Macroeconomic instability causes valuation concerns for GPs and LPs as Q4 year-end reporting approaches

Fast Funds

Fund managers are increasingly turning to Jersey due to the speed, flexibility and efficiencies offered by its fund structures

Stepping up to the plate: The transformative role of the Irish ILP

Sam Metland, head of private equity product at Citco, says the Irish fund regime reform provides valuable optionality to managers across Europe

ESG Enterprise launches digital sustainability solution

The ESG-as-a-service API library aims to help firms move towards their sustainability goals

“QAHC, QAHC!”

The Qualifying Asset Holding Company regime is set to close the gap between the UK and other fund domiciles

CSC finalises Intertrust acquisition

CSC first bid for Intertrust in December 2021

Ireland makes tax changes

The Finance Bill 2022 introduces amendments around reporting, VAT treatment and enforcement for alternative asset managers

Preferred, professional, pragmatic

Pierre Weimerskirch, regional head, Luxembourg at Apex Group, discusses the emergent opportunities facing Europe’s largest centre for domiciled funds

MJ Hudson expands ESG & Sustainability business to Spain

The company has incorporated a Spanish ESG consulting firm in its development overseas

IDR launches MLRO offering

The money laundering reporting service covers several fund jurisdictions, including Cayman Islands, Luxembourg, Guernsey, Jersey and the UK

ACA Group expands managed services offering

The company has combined its advisory practice with a regulatory technology tool

Broadridge launches SFDR reporting solution

The end-to-end tool aims at supporting asset managers with SFDR-required disclosures

Hot contest

The race to be private equity’s domicile of choice is speeding up, but which jurisdiction is really gaining ground?

IPEV board opens consultation

GP feedback requested on the association’s latest draft amendments to valuation guidelines

FCA takes stance on greenwashing

Our in-depth analysis of the regulator’s consultation paper unveils increasing complexity of fund categorisation and disclosures coming to private equity

Workato partners with Lionpoint

The partnership aims to improve operational processes with latest technological advancements

ELTIF reform progresses

The European Council and the European Parliament have reached agreement on regulatory reforms to the unpopular fund structure

Profile: Nigel Diesveld, HPE Growth

The CFO talks compliance and highlights the growing importance of a dedicated chief risk officer

Comment: UK LP reform package

Goodwin lawyers outline key proposals of the UK limited partnership legislative reform package introduced in the Economic Crime and Corporate Transparency Bill

Chronograph secures series X funding

New funding round for private markets technology company led by Summit Partners

Comment: Brexit and PE - where are we now?

John Young, international counsel at Debevoise & Plimpton, highlights growing concerns around the EU granting equivalence to the UK and the implications for PE firms