Regulatory oversight

How much do the recent measures help investors?
In almost all jurisdictions regulatory oversight of fund directors has been ratcheted up since 2008. What’s changed and how much does all this extra oversight help investors?

First of all, it is worth noting that whilst there has been much change in regulatory standards since 2008 there still remains significant differences in the approach taken by regulators to director oversight.

The fund industry may be global but the regulation of it definitely is not. This is true even within the EU as well as offshore and elsewhere. Ireland still requires two directors to be residents whereas Luxembourg, a near identical jurisdiction, requires none. To read more on this story see the February issue of The NED.