FCA 11 Principles of Business

The FCA  have 11 Principles of Business which are general statements of the main regulatory obligations that apply to firms that are regulated by them. The Principles set out in simple terms the high level standards that all firms must meet.
If your firm contravenes one or more of the Principles, it could face enforcement action, this could, for example, result in your firm’s authorisation being removed.
It is vital that you are aware of these Principles and ensure your firm implements them and continually reviews that these standards are being maintained.

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AIFMD – National Private Placement Regime Solution from Sturgeon Ventures

The ‘patchwork quilt’ of regulatory requirements resulting from European Union member states exercising discretion under the Alternative Investment Fund Managers Directive is likely to deter many non-EU firms from operating in the market – but that need not be the case, according to Sturgeon Ventures, the regulatory incubator.
The ‘National Private Placement Regime’ enables fund managers to market hedge funds in the EU that are ineligible for passporting under the AIFMD, either because they originate outside the European Economic Area or they are managed by non-EEA managers. It is estimated that around 17 of the EU member states intend to allow some form of private placement, while others have even yet to announce their intentions. But the result is a patchwork of national treatments of the inward marketing of alternative investment funds.

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AIFMD National Private Placement Regime (NPPR)

Sturgeon Ventures leading Regulatory Umbrella services provider launches a facility to register funds in the United Kingdom with the FCA (Financial Conduct Authority) and other jurisdictions under NPPR for AIF (s)

The AIFMD National Private Placement Regime (NPPR)
The AIFMD National Private Placement Regime (NPPR) is a mechanism to allow the marketing by Alternative Investment Fund Managers (AIFMs) of Alternative Investment Funds (AIFs) that are not allowed to be marketed under the AIFMD domestic marketing or passporting regimes. This principally relates to the marketing of non-EEA AIFs and AIFs managed by non-EEA AIFMs or by UK Small AIFMs. However, it also relates to the marketing of feeder AIFs where the master AIFM is a non-EEA AIFM or the master AIF is a non-EEA IF.

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Regulatory Incubator Firm of the Year 2013 – Acquisition International Finance Award Winners

On 21st November Sturgeon Ventures LLP were awarded Regulatory Incubator Firm of the Year 2013 Award from The publishers of Acquisition International Magazine, in their 2013 Finance Awards.
PRESS RELEASE
2013 Finance Awards – Winners Announced

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2013 Compliance Innovator of the Year

Seonaid Mackenzie, Managing Partner at Sturgeon Ventures LLP, is proud to have been named “Compliance Innovator of the Year” at the prestigious Thomson Reuters’ 2013 Compliance Awards.
Seonaid said:
“At Sturgeon Ventures we are always looking to innovate and bring the best solutions and highest levels of service to our clients.

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Seonaid Mackenzie wins Compliance Innovator of the Year Award 2013

PRESS RELEASE

Thomson Reuters Accelus held their 9th Compliance Awards on 6th November 2013 at the Sheraton Park Lane in London’s Piccadilly. It was a packed out evening with the great and the good from the London world of regulation and compliance.
Seonaid Mackenzie, Founding Partner of Sturgeon Ventures LLP, won the 2013 Compliance Innovator of the Year Award, accepting her award to great cheers from her table consisting of some of the Sturgeon team as well as incubated clients.

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2013 Compliance Innovator Award | Thomson Reuters Accelus

2013 Compliance Innovator of the Year
Seonaid Mackenzie has been nominated for the award of “2013 Compliance Innovator of the Year” at the 2013 Compliance Awards.
Seonaid is the Managing Partner at Sturgeon Ventures LLP.
About the Awards:
Since 2004, Thomson Reuters Governance, Risk and Compliance has continued to reward the outstanding achievement of remarkable individuals and firms working in the fields of compliance and regulation.

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Sturgeon Ventures launches Non-Profit Portfolio Service for Charities Overlooked by Asset Managers

Opalesque Industry Update, for New Managers – Opalesque Industry Update – Short-termist investors who are negative on the bond market will miss great opportunities, according to Sturgeon Ventures, the regulatory incubator, which has launched a non-profit fixed income portfolio management service for charities that they believe are overlooked by large fund managers because they have less than £20m to invest.
It is Sturgeon’s view that policymakers will refrain from raising interest rates for some years to avoid killing off economic recovery while older investors and institutions seeking income will support the bond market in the long term.

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Bob Devine joins regulatory incubator Sturgeon Ventures as a portfolio manager

London-based Sturgeon’s client list includes a number of hedge, venture capital and private equity fund management companies.
Devine has more than 40 years’ experience in fixed income markets. He was previously a fixed interest asset manager and macro-economic strategist with EPIC Asset Management and Ashcourt Rowan Asset Management. He is a former European director of capital markets with Nat West Markets and BZW (now Barclays Capital), and a former head of business development at Oxford Economics.

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Strathmore's Who's Who: Professional of the Year Investment Services 2013

Seonaid Mackenzie won Strathmore’s Who’s Who: Professional of the Year Investment Services 2013.
Historically Strathmore’s Who’s Who publishes an annual two thousand page hard cover biographical registry, honoring successful individuals in the fields of Business, the Arts and Sciences, Law, Engineering and Government. We select mid to upper level management professionals from companies, large and small, throughout the United States as well as internationally. In addition the entire publication is published in a searchable database on this website giving many types of search options.
See the full profile
 
Sturgeon Ventures are the most established Regulatory Incubator,a trusted partner and venture catalyst.  Providing nurturing and bespoke solutions, also known as an Regulatory Umbrella or Regulatory Hosting .
Sturgeon Ventures has incubated people and firms since 1999 and has been a family office wealth advisor since 1998.
We have been nominated and won many awards including most recently Finance Awards Most Trusted FCA Regulatory Incubator 2104, ACQ MAGAZINE Business Incubator of the year 2104 and Venture Capitalist of the Year at the 2014 M&A Awards.

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