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Two Major Bank Regulatory Final Rules with Asset Management Impact Now in Effect: (i) FRB’s Control Framework and (ii) Volcker Rule Covered Funds Provisions

Two final rules affecting the scope of bank involvement in the asset management industry are formally effective as of September 30, 2020.

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Brexit – The UK’s Decision to Leave the European Union


Time to Read: 1 minutes Practices: Hedge Funds, Investment Management

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The UK has decided to leave the European Union (“EU”) with a 51.9% vote to “Leave” the EU against 48.1% to “Remain”. This note briefly sets out next steps over the coming days, weeks and months and highlights some of the key issues that firms will need to address during this time.


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