Popular, Investment Funds, Financial Services Industry

The rise of private credit platforms in the Middle East: Structuring scalable lending through Cayman Island SPCs

Walkers on 8/15/2025

Private credit is no longer a niche asset class in the Middle East. Amid bank retrenchment, regulatory shifts and increasing institutional appetite for non-correlated yield, private credit has moved to the mainstream. As...more

Further Reform for UK Private Fund Managers: The Government’s Road Map for Growth in Financial Services

Goodwin on 7/23/2025

On 15 July 2025, Chancellor of the Exchequer Rachel Reeves delivered her Mansion House 2025 speech unveiling the Leeds Reforms, a programme for financial services reforms to drive investment and growth in the sector....more

Recent SEC AML Enforcement Against Securities Firms Engaged in Cannabis Sector

Gordon Rees Scully Mansukhani on 5/22/2025

The evolving regulatory landscape for marijuana-related businesses poses unique compliance challenges for firms in the securities industry. The Financial Crimes Enforcement Network (“FinCEN”) continues to enforce its 2014...more

Texas Federal Court Allows an ERISA Fiduciary Challenge Against Alleged "ESG Investing" Without Any ESG Funds

Troutman Pepper Locke on 5/16/2025

On January 10, 2025, in Spence v. American Airlines, a federal district court in Texas ruled that American Airlines (the company) and the committee overseeing its 401(k) plans (the committee) breached their duty of loyalty...more

Why the Cayman Islands continues to be a popular jurisdiction for offshore funds

Carey Olsen on 5/14/2025

Over the past 25 years, the Cayman Islands have established themselves as a leading jurisdiction for alternative investment funds, with nearly 13,000 regulated open-ended funds and over 17,000 regulated closed-ended funds. As...more

Doing business in the Cayman Islands guide (Legal 500)

Carey Olsen on 5/1/2025

The Cayman Islands is a common law jurisdiction, which is based on the English model. It comprises statute law and binding case precedents. English and British Commonwealth case authorities are generally persuasive, but not...more

AML/CFT Compliance in Luxembourg: New Obligations for Funds

Goodwin on 3/12/2025

Against the backdrop of reinforced European and international anti-money-laundering and countering the financing of terrorism (AML/CFT) requirements, the Administration de l’enregistrement, des domaines et de la TVA (AED) has...more

AML/CTF Asset Due Diligence Obligations: CSSF Provides Clarifications in an initial Q&A

Goodwin on 1/17/2025

On 13 December 2024, the Commission de Surveillance du Secteur Financier (CSSF) published the first FAQ to assist professionals in the investment sector supervised, authorised, or registered by the CSSF in complying with...more

Global Legal Insights FinTech 2024: Ireland chapter

Walkers on 9/27/2024

The Irish government has been supportive of the development of the financial services sector in Ireland and this extends to fintech. The government’s strategy for the development of Ireland’s international financial services...more

Regulatory & Risk Advisory Review: Cayman Islands - April to June 2024

Conyers on 7/23/2024

Welcome to the second instalment of 2024 of the Regulatory & Risk Advisory Review. In this edition we cover several Cayman Islands regulatory updates including updates to the Beneficial Ownership Transparency Act, the...more

Climate Suit Against Directors of UK’s Largest Pension Plan Heads to Appeals Court

Cadwalader, Wickersham & Taft LLP on 4/21/2023

A British appeals court will review the 2022 dismissal of a novel lawsuit accusing current and former directors of the United Kingdom’s largest private pension plan of mismanagement for, among other reasons, failing to divest...more

The FCA’s 2023/24 Priorities for UK Payments: Firms and Investors, Take Note

Goodwin on 3/21/2023

On March 16, 2003, the UK Financial Conduct Authority (FCA) published its letter Portfolio Letter: FCA priorities for payments firms to the CEOs of UK Payment Institutions (PIs), Electronic Money Institutions (EMIs), and...more

European Union Mandates IT and Cybersecurity Resilience Requirements for Investment Managers and Firms with Enactment of DORA

Akin Gump Strauss Hauer & Feld LLP on 3/2/2023

The European Union (EU) adopted Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (the “DORA Regulation”) in January 2023. The DORA Regulation seeks to establish a harmonised digital...more

Miami Musings February 2023 | Issue No. 211 - Fund Finance Symposium Panel Recap: New Suppliers of Capital in Fund Finance

Cadwalader, Wickersham & Taft LLP on 2/21/2023

Against the backdrop of a changing landscape of fund finance providers and products, this session made for an insightful discussion of the challenges and opportunities our market faces. On the panel were Ana Arsov (Managing...more

Missing Miami Already February 2023 | Issue No. 210 - Fund Finance Symposium Panel Recap: ‘Titans in Finance: The Rise of Private...

Cadwalader, Wickersham & Taft LLP on 2/13/2023

Coming off of the close of a badly bruised broadly syndicated loan market in 2022, it is no surprise that the global Fund Finance Association kicked off its 12th annual conference in Miami with a conversation with the “Titans...more

Let’s Be Direct January 2023 | Issue No. 208 - WFF US: ‘Private Equity to Entrepreneur’ NY Event Recap

Cadwalader, Wickersham & Taft LLP on 1/27/2023

Last Thursday, there was a lot of purple (and rain!) as Women in Fund Finance co-hosted the first FFA event of 2023, along with Cadwalader, Wickersham & Taft and Wells Fargo, kicking off the year with an exciting evening of...more

Luxembourg Cloud computing rules for investment fund managers: a reminder of the obligations 6 months before their Cloud Register...

A&O Shearman on 9/30/2019

Last year, investment fund managers (IFMs) were caught by surprise with the immediate application of Circular 17/654 on IT outsourcing relying on a cloud computing infrastructure (the Cloud Circular), but every cloud has a...more

Today's Popular Updates › Investment Funds › Financial Services Industry