Governance of Cayman hedge funds — prime brokerage matters
Governance of Cayman Islands regulated mutual funds has received a great deal of focus recently from all corners, including the Cayman Islands Monetary Authority (CIMA), the Cayman Islands Courts and the market at large, particularly institutional investors.
This note considers, in a practical way, how new regulatory guidance may have relevance to the fund’s prime brokerage facilities and how Macfarlanes can assist in that context.
It should be noted that the size, nature and complexity of a fund may be factors in the determination of the adequacy and suitability of its governance framework, so it may not be a case of one size fits all…
If you are registered and logged in to the site, click on the link below to read the rest of the Macfarlanes briefing. If not, please register or sign in with your details below.
News from The Lawyer
Briefings from Macfarlanes
Financial Services Regulatory Update — the FCA’s notes for AIFMs, managing the risks of financial incentives and more
Marfarlanes has released the 7 March issue of its Financial Services Regulatory Update.
HMRC has published updated guidance on the new ‘salaried member’ rules, the rules that will treat members of an LLP as employees for tax purposes in certain circumstances.
Analysis from The Lawyer
Footie and telecoms dominate our regular round-up of recent M&A activity, as the threat of rising interest rates kick-started activity among organisations.
It’s all kicking off in the mid-level corporate sector, with upstarts such as RPC, FFW and Irwin Mitchell looking to cash in as discerning clients look for value. By Natalie Stanton