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Boris tries to save london’s first place!
Boris Johnson, the Mayor of London, said he was “encouraged” on Wednesday after he took his fight against proposed EU regulation of hedge funds and private equity to Brussels.
Posts tagged with ‘regulation’
Singapore Offshore Banking
Here is a good piece I found on mrxpat.com about law, regulation and banking in Singapore…
Singapore has double taxation treaties with more than 40 countries, including Belgium, the Netherlands and Luxembourg. . This makes it an interesting place to set up a holding company. . A European entrepreneur who brings his business in a Singapore [...]
Future hedge fund regulation in the EU and its impact on Hong Kong and Singapore fund managers
On 30 April 2009 the European Commission, the executive body of the 27 Member State European Union (EU), published the final text of a draft EU Directive on Alternative Investment Fund Managers (Directive). The Directive, once passed, will bind all Member States of the EU and will require national legislation to be passed by Member [...]
London Mayor: Hedge Fund might leave London for Singapore
I know, it sounds like a tabloid headline but basicaly not too far from the truth
Mayor warns EU not to strangle world’s premier financial centre
The Mayor of London, Boris Johnson, today called on the Government to help him resist the EU Commission’s dangerous plans to regulate financial services. He fears that the plans [...]
China: the risk of Selling Foreign Exchange Derivatives Under Control
The People’s Bank of China, the central bank, recently made an investigation on derivatives operation of six domestic commercial lenders.
They included Industrial and Commercial Bank of China (ICBC, SHSE: 601398, and SEHK: 1398), Agricultural Bank of China (ABC), Bank of China (BoC, SEHK: 3988 and SHSE: 601988), China Construction Bank (CCB, SHSE: 601939, and SEHK: [...]
New Views of the Hedge Fund Industry…
From our good friends at State Street, here comes their latest report on the Hedge Fund world.
Two major trends are emerging in the hedge fund industry with far-reaching impacts: a migration among the maturing hedge fund industry to third-party administration, custody and specialized services, and the most comprehensive reconsideration of financial regulations in generations. Today’s [...]
MAS Releases Investigation Findings on the Sale and Marketing of Structured Notes Linked to Lehman Brothers
The Monetary Authority of Singapore (MAS) has completed investigations into the sale and marketing of structured notes linked to Lehman Brothers.
Hedge Fund Regulation: Singapore 2009
Hedge fund managers/advisors
Regulation
Authorization requirements and process
Most of the hedge fund managers operating in Singapore restrict their fund management activities to not more than 30 qualified investors and are therefore exempted from licensing. However, should the fund manager decide to market a fund to retail investors, the fund manager will have to obtain a Capital Markets [...]
Betting on the the best performance for 10 years?
It is not just about green shoots anymore…Hedge funds will likely deliver their best first-half performance in a decade, as investors renew their faith in the sector in the wake of last year’s disastrous losses. According to Hedge Fund Research (HFR), the Chicago-based research firm that compiles daily statistics on performance, Hedge funds worldwide returned [...]
Don't Blame Hedge Funds!
A really good article from the New York Time… I thought you might find it interesting:
By MELVYN KRAUSS
Published: June 24, 2009
When President Obama unveiled his financial regulation plan last week, a collective sigh of relief was heard throughout the U.S. financial community. The “regulation overkill” many feared on Wall Street had not materialized.
So bravo to [...]
Hedge funds leaving the EU?
The Sunday Times reported that a group of London’s largest hedge funds, which between them manage £120 billion of assets, led by industry body the Alternative Investment Management Association (Aima), will this week meet to discuss the EU’s draft directive aimed at curbing the activities of hedge funds and private equity.
Soros sees green shoots…
Billionaire hedge fund manager George Soros said the worst of the global financial crisis is over, and called for new international regulations to maintain open markets.
