Tuesday, 22 July 2014
Last updated 19 hours ago
Jun 9 2008 | 12:24pm ET
If the hedge fund industry sets up a voluntary compliance regime, and no one voluntarily complies, does is make a sound?
In the nearly five months since the Hedge Fund Working Group, which includes both British and American hedge fund shops, issued its final report with tougher compliance standard for hedge fund, no hedge fund firm has signed on. That leaves just the 14 members of the HFWG as signatories to the protocol.
The HFWG, which included the Brevan Howard Asset Management, CQS, GLG Partners, Man Group, Och-Ziff Capital Management and RAB Capital, and was led by former Bank of England Governor Andrew Large, is in talks with a number of groups about adopting the standard, the Independent newspaper reports.
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…