The 11th Annual ACQ5 Global Awards 2016, have for the 3rd year running awarded Sturgeon Ventures as the Best Regulatory Hosting firm of the year alongside:
Sturgeon Ventures LLP has signed up to the Women in Finance Charter and is committed to improving gender diversity in financial services driving genuine change in the sector.
For further information on the Women in Finance Charter see Treasury website below:
Women in Finance Charter
“Good morning everyone, the country has just taken part in a giant democratic exercise, perhaps the biggest in our history…The British people have voted to leave the European Union and their will must be respected,”
David Cameron, 24th June 2016
With the Brexit referendum decided and David Cameron’s resignation announced, we look at the key impact of the referendum decision on the non-European fund industry.
On 11 February 2016 the Malta Financial Services Authority (“MFSA”) announced the launch of a new fund regime for Alternative Investment Funds (“AIFs”), namely the Notified AIF will not require licensing by MFSA and will not be subject to on-going MFSA supervision. The MFSA will publish a list of Notified AIFs on their website and the new structure will begin from mid-May 2016.
The Notified AIF may be set up in any structure under Maltese law and may target professional investors who meet the requirements of the framework set out by the MFSA.
Any EU/EEA full-scope AIFMs, licensed by the MFSA or in possession of the management passport under Article 33 of the AIFMD, may request to the MFSA for an AIF to be included on the List of Notified AIFs. The timeframe of 10 business days from the date of filing a duly completed notification pack has been indicated by the MFSA for inclusion of the AIF on to the Notified AIF list. Providing that the AIFs falling within the constraints of the notification criteria are managed by a full-scope AIFM, and jointly with the governing body of the AIF will take full responsibility for the Notified AIF. Interestingly, third country AIFMs may also submit requests for a notification of an AIF if pass porting rights have been granted to the country where the AIFM has been established.
To read the full article, click the link below.
MFSA Launches new fund structure: Notified AIF’s
Becky Neill, who is one of our valued consultants at Sturgeon Ventures has a son Samuel who needs help as a Key to Change his life. Seven year old Samuel was born 11 weeks prematurely (due to an infection). As a result of this he suffered a small abrasion on the brain which resulted in Cerebral Palsy.
Sturgeon Ventures LLP is short listed as the Best Regulatory Hosting Platform for 2016 for the HFM Awards 2016 – European Services Awards. The final will be on 21st April at The Hurlingham Club.
March 2016 saw many FCA updates in the FCA Handbook, one which caught our eye as a change of phrase is Management Responsibilities Map for UK Relevant Authorised Person, strengthening accountability to be shown to the FCA and others doing due diligence on a firm.
A firm must, at all times, have a comprehensive and up to date document. We would have known this before as an Internal Organisation Chart. This came into the FCA Handbook as of March 7th 2016.
Sturgeon Ventures is a sponsor of the 9th Annual Women’s Private Equity Summit conference starting today until Friday 11th March at The Ritz-Carlton, Half Moon Bay, California. The Falk Marques Group is the conference host.
The Davos World Economic Forum started today with the main theme being the fourth industrial revolution, which will see automation and robots penetrating industrial production as well as other spheres of everyday life.Fund managers are trying to keep up with this emerging trend, with Pictet Asset Management having launched a dedicated robotics fund in September, while investment management firm Sturgeon Ventures and adviser RoboCap also unveiled a so-called ‘pure play’ robotics strategy earlier this year.
FCA Logo is never to be used in branding by FCA Regulated Firms, their Appointed Representative Firms or any other associated company.
Consumer duty refers to the responsibility of consumers to make informed and ethical choices when it comes to purchasing goods and services. It encompasses the idea that consumers should consider the impact of their consumption habits on society, the environment, and other stakeholders.
Why should we care, it’s just a little education, whilst pondering about why 15th January is called Blue Monday, I thought why the rainbow is a symbol of hope… and the educational piece came about.
Sturgeon Ventures supports Crosslight Advice and Seonaid Mackenzie is a trustee, this charity is having an impact on our society during these times of hardship www.crosslightadvice.org.
Sturgeon Ventures recently read that the FCA has launched a permanent Digital Sandbox for those involved in a variety of related themes, including – banking, payments, pensions and wholesale sell and buy-sides.
Sturgeon Ventures is pleased to share the latest press release from The Women in Finance Charter Annual Review 2022 and proud to say it has been a signatory to the Charter since its inception in July 2016.
Sturgeon Ventures likes to share great articles on important topics for our industry. See below for a recent article from Osborne Clarke on the issues around sustainable ESG performance or specific ESG-linked activities.
Sturgeon Ventures are pleased to announce that they have won the recent Lawyers Worldwide Awards 2023 for Start-up Compliance Consultancy Firm of the Year – UK.
