Tuesday, 29 July 2014
Last updated 5 hours ago
Mar 6 2013 | 9:09am ET
The IMS Group and HedgeOp Compliance, which merged in January 2012, have opened a first Asian office in Hong Kong.
The firm will offer hedge funds and other alternative investment managers in Asian markets a blend of compliance consultancy, training and software.
Jonathan Currie, formerly the head of The IMS Group’s regulatory transactions team in London, will head the new office. Said Currie in a statement:
“As with everything we do, our expansion into the Asian markets is in response to customer demand. Local firms looking to market themselves in the EU or the US, as well as global fund managers focusing on the growing opportunities in Asia, are faced with a complex regulatory environment with initiatives such as AIFMD, Dodd-Frank and CFTC registration making national borders increasingly irrelevant. Establishing a first local presence in Asia enables our group to better serve our clients, allowing them to maximize opportunities while substantially minimizing the risk of financial and reputational loss associated through a regulatory breach.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…