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Partner Neil Robson Quoted on US Firms' Current Frustration With Regulatory Reporting Online in the UK

Firm News | February 4, 2015

Financial Services partner Neil Robson was quoted in HFMWeek about how US and other non-EU hedge fund managers are frustrated with the lack of clarity and consistency from the Financial Conduct Authority (FCA) regarding the Alternative Investment Fund Managers Directive (AIFMD) Annex IV platform. Many non-UK AIFMs marketing in the United Kingdom still cannot enter the regulator's filing platform, called Gabriel, despite a looming deadline to file for the first time. "There's a huge amount of frustration from US firms who are getting conflicting advice from the FCA," said Neil. "It appears to be rocket science to get Gabriel details to everybody." ("US Managers 'Frustrated' by FCA Annex IV Confusion" January 29, 2015)