Gibraltar signs AIFMD memorandum with Hong Kong

Signing dealThe Gibraltar Financial Services Commission (GFSC) has signed memorandums of understanding with regulators in Hong Kong relating to European alternative funds. The memorandums signed with the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) concern consultation, cooperation and the exchange of information related to the funds under the Alternative Investment Fund Managers Directive (AIFMD). Samantha Barrass, chief executive of the GFSC, says, “Signing the AIFMD [memorandums] with the two Hong Kong regulators is an important development for us. It supports open, strong cooperation with the SFC and the HKMA in our regulation of AIFMD establishments, and is a very useful tool for us as a regulator”. A marketing delegation from Gibraltar’s financial sector recently visited Hong Kong led by the Minister for Financial Services, Albert Isola. The minister says: “Our marketing trip to Hong Kong was a very successful visit. We had a strong group of professionals from Gibraltar’s financial services sector provide a very good case for us as a safe and secure jurisdiction with which to do business”. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.