The Financial Services
Authority threw out its ‘light-touch’ regulatory regime for hedge
funds yesterday, as it bowed to fierce lobbying from shareholders, consumer
groups and investment trusts.
The changes are expected to bolster the current position by including certain
mandatory requirements that are lacking, such as the appointment of a board.
Investment bankers and lawyers expressed concern that the change could see
several hedge funds abandon London in favour of Amsterdam.
Steve Butler of Punter Southall Aspire highlights the importance of pension governance meetings to protect against mistakes and safeguard company reputation
Nasar Zamir of Congruent discusses the RBS complaints process for GRG losses and how specialist guidance can best support a claim
ICAS issues response to Theresa May's 12 objectives for Brexit negotiations
Partner at Pinsent Masons says Serious Fraud Office has secured 'one of the top ten enforcement actions of all time'