Mondaq Offshore: Finance and Banking
The OECD Economic Outlook is issued bi-annually and analyzes the major economic trends and prospects for the subsequent two years.
There are a number of critical decisions an investment manager is faced with when launching a hedge fund. These include cost, regulation, governance and compliance.
The pressure for investment managers to get things right from day one is immense. According to Julian Stockley-Smith, a Director of JP Fund Foundations, investors are now much more inclined to seek professional and independent oversight when assessing prospective funds
Despite independent reports on the financial crisis, including the EU’s own De Larosiere Report, absolving hedge funds of any blame in the recent financial crisis, the European Commission has still pushed through the Alternative Investment Fund Managers (AIFM) Directive.
Phil Griffiths of JP Fund Administration (Cayman) explains the considerations to keep in mind when establishing a fund in the Latam region.
For years, members of the Organization for Economic Co-Operation and Development (OECD) have sought a solution to deteriorating fiscal balances, owing partly to tax evasion and tax avoidance.
The Cayman Islands have a business friendly regulatory regime for the regulation of managers or advisers to investment funds.
The Cayman Islands Government as a result of ongoing discussions with the U.K. Foreign and Commonwealth Office have developed new regulatory requirements and fee increases for the Cayman Islands financial industry.
The Ministry of Finance and the Central Bank of Cyprus issued a decree on 27 March 2013 with regards to the enforcement of temporary restrictive measures on banking transactions in Cyprus.
When Cyprus and the Eurogroup (consisting of fi nance ministers of the EU member states having the Euro as their currency) decided on the terms of a memorandum of understanding with Troika (consisting of the European Commission, the European Central Bank and the International Monetary Fund) the whole world was taken by surprise.
The Republic of Cyprus continues to issue new decrees pertaining to the relaxation of restrictive measures.
So far more than 50 parties, both local and foreign, have filed recourse proceedings in the Cyprus Supreme Court based on the resolution measures agreed by the Eurogroup and the Republic of Cyprus.
The latest relaxations pertaining to transactions were passed on 17 May 2013 in Decree No 12 under the Enforcement of Restrictive Measures on Transactions in case of Emergency Law of 2013.
A number of refinements have been made to the "economic citizenship" programme described in our news item dated 22 April 2013.
This memorandum is based on a study prepared by Mr Jacques Elvinger and Mr Marc Elvinger within the framework of the "Luxembourg Round Table on Microfinance" at the request of ATTF, with the support of the Luxembourg Ministry of Finance.
The European Securities and Markets Authority published on May 24 its final report on guidelines for key concepts under the Alternative Investment Fund Managers Directive.
The European Securities and Markets Authority has approved co-operation arrangements between EU securities regulators, with responsibility for the supervision of alternative investment funds including hedge funds, private equity and real estate funds, and 34 of their global counterparts.
Мальта, вступившая в Евросоюз в мае 2004 г., приобретает все большее значение как призна
Malta är sedan 2004 medlem i EU och utvecklas mot att bli ett allt mer omtalat centrum för ekonomiska tjänster och erbjuder en attraktiv och konkurrenskraftig miljö för internationella affärer och investering.
In order perform as a trader of commodities in the UAE the company needs to carry out the necessary procedures to obtain a membership from the Dubai Gold and Commodities Exchange.
Most Popular Recent Articles
A discussion on the EU Regulation on OTC Derivatives, Central Counterparties and Trade Repositories which was adopted on 4 July 2012 and entered into force on 16 August 2012.
A considerable part of Dmitry Rybolovlev's fortune in Cyprus, in the form of deposits at the BoC and an investment of 500 million euro in shares, has been lost.
A discussion on the impact of the America’s FATCA regulations for trustees.
Recent changes in Cypriot legislation have not had a significant impact on the international status of Cyprus as a reputable financial centre which offers one of the most attractive tax regimes in Europe and an extensive network of double tax treaties.
The draft legislation transposing the European Union’s Alternative Investment Fund Managers Directive into Luxembourg law was submitted to the grand duchy’s Chamber of Deputies by finance minister Luc Frieden on August 24.
Statistics published by the Cayman
Islands Monetary Authority show that the Cayman jurisdiction
remains the preferred jurisdiction for managers looking to
establish offshore alternative investment funds.
The board of directors play a central role in any offshore hedge fund.
The Alternative Investment Fund Managers Directive will come into effect in July 2013, creating a single regime for the industry across Europe.
Fiona Le Poidevin, Chief Executive of Guernsey Finance, explains why the island remains one of the most respected domiciles for the alternative investment industry.
A number of refinements have been made to the "economic citizenship" programme described in our news item dated 22 April 2013.
