Regulatory Update (Ireland) Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018

The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018   The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018 (the “2018 Act”) commenced on 26 November 2018. The Act amends the Criminal Justice(Money Laundering and Terrorist Financing) Act 2010 (the “2010 Act”) to incorporate the requirements of the Fourth EU Money Laundering

The Brexit Blog By CARNE

With Theresa May’s Brexit deal facing probable defeat in Westminster next week, its time to consider the various scenarios that may follow.  We will now catch up on where the negotiations are and look at some positive soundings from the Central Bank of Ireland (CBI) that should lessen the blow of a potential hard Brexit.

Announcement of Partnership Agreement with Swedbank

Press Release 29 November 2018 Swedbank Announces Carne Group as New provider of Management Company services Swedbank issued a press release this morning across EMEA announcing it is entering into a partnership agreement with Carne Group, the market’s premier global and independent provider of fund management company solutions. Going forward, Carne will provide management company

Funds Congress 2019

Carne Group has announced it is holding its 8th Annual Funds Congress in London, February 7th 2019. Over 1,000 people from across the global asset management industry attended in 2018 and next year’s event promises to be even bigger and better. Please register here if you would like to join Carne for what promises to be

Driver of a Better Society

Des Fullam, Global Head of Product at Carne, describes how the global asset management industry can contribute to the implementation of the UN’s Sustainable Development Goals (SDG), the added value of the finance industry in reaching SDG targets and the increase in popularity of impact investing through a decrease in barriers. “The world cannot go

Brexit Solutions for Asset Managers

In a special Brexit Report just published by Hedge Fund Magazine, Des Fullam, of Carne Group, looks at some of the options available to investment managers who want to retain marketing rights into Europe post-Brexit As the date for the UK’s official ‘divorce’ from the European Union draws closer, hedge fund managers have to consider

Brexit Blog XII – 2nd November 2018

Could it be? Have we finally found a way for UK managers to access to the EU post-Brexit? Let’s resume our coverage of the negotiations and find out.     So close, yet so far… Yesterday we woke to reports that the UK and the EU had finally reached a deal (albeit “tentative”) on how financial

Brexit Blog XI – 15 October 2018

Our last three posts focussed on the challenges facing UK managers currently relying on EU passporting to distribute funds throughout the EU 27. This time we look at the other side of the Brexit coin – the challenge of distributing an EU fund to UK investors.   Brexit is not a one-way street   The

Brexit Blog X – 1 October 2018

Our last post focussed on how a manager using a UK MiFID licence to market EU funds may continue to do so post-Brexit. We now turn our attention to how a manager relying on a UK MiFID licence to operate individually managed accounts may continue to do so.   Business as Usual for Separately Managed