Delegation proximity test
ESMA is developing a de facto proximity test for delegation which means that portfolio management for third countries like the US will continue much as before post Brexit. But European funds will not be able to delegate portfolio management to the UK.
UK managers must act now
UK managers will have to rely upon the tender mercies of ESMA and European national regulators for EU access post Brexit. To avoid disruption they must act now. No trade deal will save them. Time is running out.
ManCo platforms: calls for clarity
Research being conducted by the Tracker for its April 17 New York event shows that there is some confusion on the role of ManCo hosting platforms in the US. Better categorisation and clearer terminology are badly needed.
Assessing ManCos on risk
The Tracker will be analysing and grading ManCo hosting platforms by their risk capabilities for alternative managers.It begins this process with an industry wide consultation and will be discussing options at its upcoming events in New York and London.
EU access debate in NY
On April 17 IFI Global is hosting an event in New York for US managers that want to know how to navigate entry into the EU. BEPS, Brexit and related issues has made this more complicated than before. Contact Tamara Sims email@example.com for details.