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