By Kao Shih-ching / Staff Reporter The Financial Supervisory Commission (FSC) plans to strengthen its oversight of local investment brokers to hold board members accountable if fund managers are involved in fraud or misconduct, the commission said on Thursday. The FSC would stipulate in the Regulation Governing Responsible Persons andRead More →

To print this article, all you need to do is be registered or log in to Mondaq.com. Recently, the Attorney General of Louisiana and the Attorney General of Indiana issued legal guidelines that the consideration of ESG factors by investment firms would likely violate, in the absence ofRead More →

Recently, the Attorney General of Louisiana and the Attorney General of Indiana issued legal guidelines that the consideration of ESG factors by investment firms would likely violate, in the absence of full disclosure, the fiduciary duty of these investment firms towards their investors. In other words, these attorneys general areRead More →

Recently, the Attorney General of Louisiana and the Attorney General of Indiana issued legal guidelines that the consideration of ESG factors by investment firms would likely violate, in the absence of full disclosure, the fiduciary duty of these investment firms towards their investors. In other words, these attorneys general areRead More →

Domestic CBI releases model outsourcing register On August 9, 2022, the CBI published Guidance Notes on the Model Outsourced Register for Market Undertakings or Regulated Financial Services Providers (DPs). The guidance notes set out the CBI’s expectations regarding company registration of relevant outsourcing arrangements and reporting of outsourcing to theRead More →

The European Banking Authority (EBA) final regulatory products regarding the Investment Firms Directive (IFD) issued on 21 July 2022 are expected to harmonize prudential practices regarding the Supervisory Review and Evaluation Process (SREP) of firms of investment. The new regime covers a wide range of prudential areas ranging from capitalRead More →

Aware Super, UniSuper, Pinnacle Investment Management and TDM Growth Partners have joined the Future IM/Pact initiative to improve diversity in Australian investing. Future IM/Pact was founded in 2018 to connect top Australian investors with university and early career women and educate them about a career in investing. Six of Australia’sRead More →

In recent months, two black-owned holding companies have pledged to invest $25 million in Save-A-Lot stores in south and west parts of Chicago to address population decline by investing in black communities. Grassroots organizations like the Holding Companies, 127 Wall Company and Yellow Banana, and Inner-City Muslim Action Network (IMAN)Read More →

CSI is an end-to-end fintech and regtech solutions provider. Private investment firms Centerbridge Partners and Bridgeport Partners have acquired Computer Services Inc. (CSI), an end-to-end financial and regulatory (regtech) technology solutions provider. The cost is $1.6 billion, or $58 per share. CSI’s Board of Directors unanimously approved the deal. TheRead More →

Private equity and venture capital firms have welcomed new guidelines from the Securities and Exchange Board of India (SEBI) which state that investment firms can invest in foreign companies even if those companies do not have connection with India. Previously, Indian venture capital firms could only invest in foreign companiesRead More →

NEW YORK–(BUSINESS WIRE)–BuildESG recently expanded its capabilities by launching a private forum on its BuildESG hub, an ESG mining platform with essential reporting capabilities, tools, templates and expert guidance for alternative investors and small businesses. The Forum offers members the opportunity to share best practices, ask relevant questions and getRead More →

Growth Forecast Report on “ Investment Firms Market size | Industry Segment by Applications (Large Enterprises , SMEs ,By Region , North America , United States , Canada , Europe , Germany , France , UK , Italy , Russia , Nordic Countries , Rest of EuropeRead More →

In March 2022, the Securities and Exchange Commission (“SEC”) proposed a new rule to update the definition of “dealer” under Section 3(a) of the Securities Exchange Act of 1934 (“Exchange Act “). The proposed rule is in response to increased trading volume and market liquidity from unregistered market participants. ThisRead More →

The watchdog’s policy statement PS22/10 will seek to strengthen financial promotion rules for high-risk investments, improve marketing restrictions and impose higher standards on alternative managers. In a letter to managing directors of alternative asset management outlining the watchdog’s alternative monitoring strategy for 2022, Nike Trost, head of the asset andRead More →

Twitter has subpoenaed a number of financial powerhouses supporting Elon Musk, including Morgan Stanley, Barclays and Bank of America. File photo by John Angelillo/UPI | License picture August 4 (UPI) — Twitter has subpoenaed a number of financial powerhouses in Elon Musk’s circle, fueling the legal battle over his attemptsRead More →

At a time of unprecedented interest in ESG investing, a number of investors are taking their commitment to making positive change even further. Below, ESG clarity highlights how several asset managers champion charitable giving through impactful philanthropic efforts. Tom Weller, Innovation Analyst at Evenlode Investment There is a growing understandingRead More →

Investment companies have become the biggest new homebuyers in the United States, a trend that could make homeownership more difficult for average families. The idea of ​​big investors buying single-family homes to rent out is “in its infancy” in Canada, but worth watching, according to the president of one ofRead More →

CHANGES TO CAPITAL ADEQUACY REPORTS INVESTMENT COMPANIES REGULATION (IFR) AND INVESTMENT COMPANIES DIRECTIVE (IFD) Applies from Q2 2021 and Q3 2021 REPORT The existing CRR and CRD do not take into account that investment firms have different business models and business risks than credit institutions. For example, unlike banks, investmentRead More →

REITs purchased 9.6% of residential homes in King County in 2021. Slightly higher percentages were recorded in Pierce and Snohomish counties. These percentages follow a national trend: with rising inflation rates – the Consumer Price Index recorded a 9.1% year-on-year price increase for all consumer items in June – InvestorsRead More →

REITs purchased 9.6% of residential homes in King County in 2021. Slightly higher percentages were recorded in Pierce and Snohomish counties. These percentages follow a national trend: with rising inflation rates – the Consumer Price Index recorded a 9.1% year-on-year price increase for all consumer items in June – InvestorsRead More →

Investment firms will be informed of the upcoming deadlines of 2 August 2022 for the integration of sustainability factors, risks and preferences into organizational requirements and of 22 November 2022 for the integration of sustainability factors into governance obligations some products (“MiFID Sustainability Requirements”). UCITS and AIFM management companies withRead More →

Thrive, a provider of managed cybersecurity and digital transformation services, is acquiring Connecticut-based Edge Technology Group, a global leader in technology consulting and a provider of fully managed IT services for alternative investment managers. The acquisition of Edge Technology Group adds new global offices and data centers in the UK,Read More →

A growing number of Chief Investment Officer (“OCIO”) outsourced companies are adopting data aggregation technology, impact scores and benchmarking metrics developed by Lenox Park Solutions as standard tools for measuring diversity, Equity and Inclusion (“EID”) NEW YORK, June 29, 2022–(BUSINESS WIRE)–Lenox Park Solutions, Inc. (“Lenox Park” or the “Company”), aRead More →

However, up to 72% of UK wealth managers, investment advisers, planners and brokers are concerned about the impacts of geopolitical risk on investments, while 68% fear inflation will hurt returns. Natixis Investment Managers 2022 Financial Professionals Survey spoke to 1050 finance professionals across the UK and Europe. In an interviewRead More →

Singaporean sovereign wealth fund GIC has joined Canadian pension fund OMERS and London-based infrastructure investment manager Wren House in acquiring US chassis supplier Direct ChassisLink Inc (DCLI) from Apollo Global Management and EQT. The transaction is expected to close in the second half of 2022, according to an announcement. FinancialRead More →

The new Affinity Relationship Intelligence Report analyzes unicorns in Europe and the UK and their platform data. SAN FRANCISCO AND LONDON–(BUSINESS WIRE)–#dealflow—Affinity—the relational intelligence platform for negotiators—launched today Relationship Intelligence Benchmark Report: Unicorn Editionwhich shares industry trends and analyzes over 390 unicorns across Europe and the UK with a deepRead More →

SAN FRANCISCO AND LONDON–(BUSINESS WIRE)–Affinity—the relational intelligence platform for negotiators—launched today Relationship Intelligence Benchmark Report: Unicorn Editionwhich shares industry trends and analyzes over 390 unicorns across Europe and the UK with a deep dive into the relationship intelligence and deal flow of companies investing in it. Integrated data from intelligenceRead More →

Biting investments published a report in collaboration with Merger market concluding that improving access to data and operational efficiency are key drivers for the digitalization of investment firms. The report, titled “The Tech’s Factor: The digitalization of private markets in 2022 and beyond” reveals how digitalization is shaping the privateRead More →

As real estate investment firms across the country calculate which markets to rush in to buy homes, homebuyers looking for a home are often left empty-handed. While the companies claim to be responding to the community’s desire for more rental housing, Columbus experts say some of them employ predatory practices,Read More →

As real estate investment firms across the country calculate which markets to rush in to buy homes, homebuyers looking for a home are often left empty-handed. While the companies claim to be responding to the community’s desire for more rental housing, Columbus experts say some of them employ predatory practices,Read More →

No less than seven brokerage houses and investment companies have launched a call for purchases for Capital Aditya Birla shares as a financial services provider recently reported strong fourth-quarter and full-year earnings. These are Motilal Oswal, Swiss credit, HDFC TitlesICICI titles, investedand Morgan Stanleyand their target price is between RsRead More →

Generative artificial intelligence (AI), autonomous systems, and privacy-enhancing computing are three technology trends gaining momentum in banking and investing in 2022, according to Gartner, Inc. These trends will continue to grow over the coming next two to three years, contributing to the growth and transformation of financial services organizations. “WhileRead More →

The Capital Market Supervisory Board (CMSB) of the Securities and Exchange Commission (SEC) has decided to prohibit securities issuing companies or “investment firms” from offering new securities to the public in order to protect interests of investors. Ruenvadee Suwanmongkol, secretary general of the SEC, said the resolution from the lastRead More →

On October 28, 2021, the Court of Justice of the European Union (“CJEU”), rendering a decision in the case of EOOD of Varchev Finans against Komisia za finansov nadzorclarified that the relevant provisions of Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 (“CDR MiFID”) supplementing Directive 2014/65/EU (“MiFID II”),Read More →

SFr. Dan Sullivan (R-AK) has introduced legislation to limit the power over corporations enjoyed by top asset managers, many of whom have provoked Republicans into adopting “environmental, social and governance” standards for corporations. The Investor Democracy Is Expected Act would empower passive investors who invest their money in mutual fundsRead More →

Domestic CBI publishes “Dear CEO” letter addressed to MiFID approved firms offering structured retail products On April 22, 2022, the CBI published a “Dear CEO” letter addressed to MiFID approved companies offering structured retail products. The letter details the CBI’s findings from a series of focused reviews of structured retailRead More →

VANCOUVER, BC, April 26, 2022 /CNW/ – The British Columbia Securities Commission’s (BCSC’s) latest Securities Dealers and Advisers Compliance Sheet, released today, reflects the focus over the past year on the marketing materials that these businesses use to attract and retain customers. The report card highlights several recurring shortcomings inRead More →

It’s no secret that housing became expensive during this period of high inflation. Rents have increased by a median of 11% and house prices have climbed around 19% since 2021. Many factors are behind this increase, such as the end of eviction moratoriums, low interest rates and the ever-increasing demandRead More →

NAPLES — The Real Estate Management Services Group, a Naples-based company that manages REIT portfolios, has merged with a New York-based company with an office in southwest Florida, LDR Capital Management. The companies declined to disclose financial details of the transaction. A spokesperson did not return an email asking whatRead More →

Cryptocurrency-related investments are gaining acceptance among Canadian institutional investors, but companies are showing restraint in how much they allocate to these assets, a new study finds. Fifty-seven percent of institutional investors surveyed said they had exposure to crypto-related assets between 2020 and 2021, according to the survey. The survey wasRead More →

CALGARY, March 30, 2022 /CNW/ – In honor of Fraud Prevention Month, the Alberta Securities Commission (ASC) has launched a multimedia campaign to raise awareness of the spoofed and cloned websites of legitimate registered investment firms. The campaign includes a fake website that highlights several tell-tale signs of fraud inRead More →

A company owned almost entirely by Western investors has been used to help sites spreading Russian misrepresentations earn thousands of dollars a day from on-site advertisements. Yandex is known as Russia’s Google and, like its larger and more famous counterpart, runs both a search engine and a vast digital advertisingRead More →

CALGARY, March 30, 2022 /CNW/ – In honor of Fraud Prevention Month, the Alberta Securities Commission (ASC) has launched a multimedia campaign to raise awareness of the spoofed and cloned websites of legitimate registered investment firms. The campaign includes a fake website which highlights several tell-tale signs of fraud inRead More →

CIF, cryptocurrencies and regulations By Stelios Yiannaki Senior Manager Treppides & Cie Ltée What is Cryptocurrency Trading? Cryptocurrencies have taken the world by surprise in recent years and have turned into an absolute trend in the virtual investment world. Countries have been caught off guard to fully understand the essenceRead More →

Monday, March 21, 2022 2:16 p.m. Clearlake Capital and Motive Partners bought BETA+ for $1.1 billion Clearlake Capital and specialist technology investor Motive Partners have come together to acquire data and processing company BETA+ from the London Stock Exchange Group today for $1.1 billion. BETA+, which provides back-office processing solutionsRead More →

By Stelios YiannakiSenior ManagerK. Treppides & Cie Ltée What is Cryptocurrency Trading? Cryptocurrencies have taken the world by surprise in recent years and have turned into an absolute trend in the virtual investment world. Countries have been caught off guard to fully understand the essence of cryptocurrencies and impose regulationsRead More →

SEC Chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on September 14, 2021 in Washington, D.C. (Photo by Evelyn Hockstein/Pool via Getty Images) Following persistent cyber threats from Russia, the U.S. Securities and Exchange Commission (SEC) is proposing new cybersecurity rules to strengthenRead More →

The Securities and Exchange Commission (SEC) has sealed the premises of three companies – Oxford International Group/Oxford Commercial Services, Farmforte Agro Allied Solutions Limited/Agro Partnerships and Vektr Capital Investment/Vektr Enterprise for illegally engaging in activities on the capital market. In a statement on Monday, the SEC said the companies’ officesRead More →

National Entry into force of changes to reporting requirements for investment firms On 21 February 2022, the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Investment Firms) (Amendment) Regulations 2022 (the regulations) entered service. The Regulations amend the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Investment FirmsRead More →

Modular and scalable technology with full customer customization LONDON, UK, March 3, 2022 /EINPresswire.com/ — Chronicle software (Chronicle), the specialist provider of low-latency technology solutions for the financial services industry, has expanded its suite of ultra-fast, high-performance trading solutions with the release of the Chronicle Matching Engine. Developed in responseRead More →

The UK Real Estate and Infrastructure Investment Forum (UKREiiF) has so far secured the attendance of nearly 750 senior executives and professionals representing major investors and lenders to the event, representing over 200 companies from investment. UKREiiF is a groundbreaking new event taking place in Leeds from the 17th toRead More →

Vacation homes have seen growing demand since the start of the pandemic, and investors are taking notice of the sector, largely the domain of individual owners until now. Investors want to capture more of the bustling short-term rental market. Saluda Grade, a New York-based investment firm, has partnered with AvantStay,Read More →

Thanks to the pandemic, geographically distant telecommuters and locked-in travelers have boosted demand for vacation rentals. Additionally, low interest rates have made borrowing and buying traditional rental properties more attractive, increasing property values ​​and making it harder for new buyers to make a profit. As a result, several deep-pocketed investmentRead More →

The regulations require companies in the investment industry (as well as banks and other financial institutions) to determine whether they are holding assets for persons engaged in prohibited activities – such as participating in gatherings intended to prevent trade or to interfere with critical infrastructure – and to stop providingRead More →

From left to right: Ryan Craft, General Manager, Saluda Grade; Sean Breuner, Managing Director, AvantStay (Saluda Grade, AvantStay, iStock) Short-term rentals are no longer just for family owners: Wall Street has taken notice of the market and is getting in on the game. New York-based investment firm Saluda Grade isRead More →

the Investment firms The report includes the market length assessment, in addition to market drivers, restraints, and opportunities. The report also describes the aggressive landscape of the main agency opposition, also due to the percent market share of agreeable organizations. This review takes an in-depth look at the investment firmRead More →