The Cayman Islands Monetary Authority has released a set of FAQs targeting Cayman-domiciled funds (regulated and un-regulated) and the requirements under the Anti-Money Laundering Regulations (“AMLRegs”) and the requirement to appoint a MLRO, DMLRO and AMLCO. Read More
Whilst superannuation received some attention, the promise of personal income tax cuts was a major focus in this year’s Federal Budget. The Budget did not contain any changes to the… Read More
The Notifiable Data Breaches (NDB) scheme commenced in Australia on 22 February 2018. What is the NDBS? The NDB scheme requires organisations covered by the Australian Privacy Act 1988 (Privacy… Read More
The Attribution Managed Investment Trust (AMIT) legislation was passed into law in May 2016 and the new regime can now be adopted by qualifying managed investment trusts. Mainstream has previously… Read More
On Thursday February 1, 2018, Mainstream Fund Services, CohnReznick, Lippes Mathias, and HedgePort co-hosted an evening of discussion with private equity, venture capital, and hedge fund managers in New York… Read More
The Common Reporting Standard (CRS) is the single global standard for the collection, reporting and exchange of financial account information on foreign tax residents. Under CRS, Financial Institutions (FIs) need… Read More
AFS (Australian financial services) licence relief has been granted by the Australian Securities and Investments Commission (ASIC) for financial service providers regulated by the Luxembourg financial supervisory authority Commission de… Read More
The Attribution Managed Investment Trust (AMIT) legislation has now passed into law. The new provisions are available to be adopted by qualifying managed investment trusts. Below we look at the… Read More
ASIC has extended the transition period for trustees and responsible entities to comply with Australian PDS fee and cost disclosure requirements. We look at the fee and cost disclosures required… Read More
If you are looking to expand your asset management business from retail platforms onto exchange traded products like ETFs, here are some tips. 1. Know your market. Be clear on who… Read More
