Compliance
454 white papers and resources
Risk Library hosts a number of compliance white papers and analysis reports by leading experts. Use the information resource for the latest industry developments and to ensure that your organisation meets all financial regulatory requirements. Compliance means conforming to a set of best practice controls set by the organisation or externally, by governments and non-governmental bodies. They are enforced usually through management processes that identify, assess and initiate relevant corrective action each time these laws, policies, regulations, contracts or strategies are broken.
AIFMD implementation – issues for operators of regulated funds
Alternative funds have for some time been anxious about how their business will need to change in light of the regulatory burden imposed by the forthcoming implementation in the UK of the Alternative Investment Fund Managers Directive. This white paper discusses the issues and risks involved.
Proposals for better management of non-financial risks within the European fund management industry
This white paper offers a review and proposes methods of limiting non-financial risks within the European fund management industry which emerged during the 2007-2008 crisis and undermined the quality of the UCITS label.
Nothing ventured, nothing gained: a guide to the European Venture Capital Fund Regulation
This white paper provides an overview of the proposed European Venture Capital Fund Regulation, focused on encouraging venture capital financing. Set to come into force at the same time as the Alternative Investment Fund Managers Directive, all key implications are discussed.
Sovereign debt contracts and the effects of recent case law on bondholders
Recent case law shows how sovereign debt contracts may impact bondholders if s sovereign has also issued bonds which are governed by a particular jurisdiction. This white paper discusses the outcome and implications.
Hong Kong moves forward with Islamic bond market
In October 2012, the Financial Services and the Treasury Bureau issued consultation conclusions concerning facilitating the development of an Islamic Bond Market in Hong Kong. This white paper set out some of the key proposals and implications for this development.
UBS and rogue-trading: an insight into prevailing regulation
UBS was recently fined £29.7m as a consequence of the much-publicised rogue-trading activities of Kweku Adoboli. Macfarlanes provides a summary and outlines why the UBS Final Notice emphasises the importance placed by the FSA on an institution's first line of defence.
Transform to Grow: The New Face of Banking
Banks have seen tremendous changes occurring in the way they need to serve corporate customers. Key drivers include slow economic growth and the effects of regulatory changes. This white paper looks at the impact that these challenges have on banks and what technology can do to support the new face…
Restoring the markets in a financial crisis - the 2012 capital markets report
With contributions from over 100 senior corporate decision-makers and professional advisors, this white paper highlights the key issues for consideration and implementation by potential entrants to the markets, existing issuers and market participants.
Financial services update: UCITS Directive; shadow banking recommendations; securitisation regulation
Macfarlanes' financial services update offers news and comment on the key issues of the week, including ESMA's opinion on UCITS investment in collectives; the EVCA handbook of professional standards; FSB recommendations on shadow banking; IOSCO's final report on securitsation regulation; and more.
A brief guide to the EU Short Selling Regulation
The new European Regulation on short selling and certain aspects of credit default swaps is intended to create an EU common regulatory framework for dealing with short selling issues. Macfarlanes looks in detail at how the regulation will work in practice.