Asset managers wary of potential new regulatory reporting regime
A possible review of reporting regulations could be an additional burden on asset managers and present a "significant danger" according to one expert.
Regulation
Asset managers pressured to enhance oversight of outsourcing partners
Regulatory pressures on asset managers to oversee and govern their outsourcing service providers has become a challenge for the buy-side.
Uncertainty surrounds the future of UK’s post-Brexit clearing plans
FCA chief Bailey voices his concern over the future of the UK's CCPs once its temporary recognition with ESMA expires in 2020.
China drops restrictions on QFII/RQFII investment quotas
The two investment schemes are a major part of China’s strategy to open its capital markets to global investors.
ESMA to implement tough stress test requirements for UCITs and AIF funds
A growing number of European regulators and investors have expressed concerns about the liquidity risk management practices at daily dealing UCITS funds.
Asset managers face operational risks if they don’t prepare for Libor transition
Failure to update legacy contracts ahead of Libor’s termination could have serious operational and investment risks for asset managers.
Clearstream offices raided in tax fraud investigations
Raid on Clearstream offices relate to the Cum-Ex scandal investigations.
Authorised corporate directors face regulatory scrutiny following Woodford fund saga
The UK FCA is set to open an assessment of authorised corporate directors following the fallout of the Neil Woodford fund affair.
Deutsche Boerse plans CSDR-related buy-in agent service to plug market gap
Incoming regulation requires a third-party buy-in agent in cases of settlement fail.
ESG monitoring services will help depositaries diversify
Depositaries role of fund oversight could prove to be a useful boost to the ESG investment process.