Monday, 22 September 2014
Last updated 8 hours ago
Oct 5 2012 | 9:49am ET
The Netherlands became the first country to adopt the European Commission's stricter regulations on hedge, private equity and real estate funds.
On October 2, the Dutch parliament passed the Alternative Investment Fund Managers Directive, sending it to the Senate for debate on October 9.
The Dutch parliament amended the AIFMD to exempt fund vehicles pooling assets exclusively for pension funds.
The EC has yet to adopt level two measures that would elaborate general AIFMD requirements—like the appointments, duties and functions of depositories; the calculation of leverage; and transparency requirements. These had been expected to be adopted in September, but they weren't and according to the Loyens & Loeff law firm, there has been “no indication” of when they will be adopted.
Additionally, the European Securities and Market Authority plans to adopt remuneration guidelines in 2013.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.