Course Objectives

The challenge of fully understanding the range and scope of financial market regulation become harder as the alternation investment industry enters a period of major regulatory transition. This half-day course sheds light on the redress markets imbalances, prevent excessive exposures and repair process dislocations within the alternative investment markets.

Who Should Attend?

-Regulatory/compliance staff seeking an update to realign current thinking and strategies
-Operations personnel assessing current regulatory developments
-Hedge fund staff seeking a clearer view of changing obligations
-Solution providers wishing to enhance products and services


Prerequisite Courses

None


Course Overview

UK Regulation

-The current FSA regulatory framework
-Toward 2012: The Bank of England & CPMA

The EU AIFM Directive

-Key drivers
-Assessing the impact e.g. costs
-Hedge fund (incl. UCITS) and private equity perspectives

The Hedge Fund Space

-Current regulatory landscape and trends
-Assessing the UCITS proposition
-Towards hedge fund Mk II

Private Equity (PE) in the UK

-Origins and objectives
-Current FSA statutory powers
-Public-to-private rule changes

The VCT Market

-Contributors to anticipated growth

Middle East (ME) Markets

-ME Investors and global hedge fund exposure
-Analysis global interest to the ME

Conflicts of Interest (IOSCO

-PE funds and investors: alignment issues and mitigation approaches


Learning Goal

At the end of the course, delegates should have:

Understanding of keys themes within the regulation discussion

Clarity regarding the impact of current and future directives (e.g. AIFM, UCITS, MiFID, Basel)

Course Materials

Course notes, handouts