The Financial Conduct Authority (FCA)’s standards on personal liability for hedge fund managers can be extreme as they can extend beyond his day-to-day role, suggests Thomson Reuters. Ashley Kovas and team point out in their report titled “Regulatory Implications for Hedge Funds: What does this mean for your personal liability?” that the badge of regulation has always been something of value to hedge fund managers to counter the Wild West image of the industry. Personal liability for hedge fund managers They add that as part of its focus on behaviour, the FCA realized that it needed to adjust its approach to enforcement. While in…
FCA's Personal Liability for Hedge Fund Managers Too Harsh: Reuters
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports