Non-EU hedge funds stage surprise escape from SFTR

Cayman Islands

Many hedge funds outside the EU – in the Cayman Islands, for instance – are run by EU-based managers

Hedge funds located outside the European Union will, after all, escape an upcoming set of extensive trade reporting requirements as rule-makers have issued a clarification that upends the industry’s understanding of the rules.

Many in the alternative investment industry were caught off guard by a January 6 report from the European Securities and Markets Authority that accompanied its final guidelines on the Securities Financing Transactions Regulation. They took the report to mean hedge funds

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Add a Comment