We break down the Brexit impact for hedge funds as implications appear to be far less destabilising for them than for other institutions.
Regulators are hoping to harmonise the safekeeping requirements for UCITS and AIFMD funds, however this could mean stricter record-keeping requirements.
Broadridge extends regulatory, governance and communications business to European markets through acquisition.
Hostility towards MiFID II has seen hedge funds abandon MiFID II license in favour of AIFMD, but is this a temporary ‘get out of jail free card’?
First non-bank entity to receive approval as full depositary.
Removing AIFMD could maintain regulatory standards and increase UK competitiveness following Brexit, says industry body.
Royal London Asset Management has chosen Confluence’s transparency reporting offering as part of its preparations for AIFMD.
UK firms should still be able to manage EU-domiciled funds in spite of Brexit according to hedge fund lobby group AIMA.
Delays or even abandonment of the third country passport under AIFMD should be expected following Brexit.
The introduction of regulations such as CSDR, UCITS and AIFMD have led to divisions in asset segregation according to an industry expert.