Weavering… Liquidator sues the Administrator

Posted 10.01.2013

As reported today in the Irish Independent, the liquidator has decided to go after the administrator. This is just reiterating the importance of  proper monitoring from all parties involved with asset managers. There should be processes and systems in place to monitor limits. guidelines and major types of risks.. like counterparty in this case, which would have highlighted the situation.


This entry was posted in Alternative Investments, Compliance, Risk Reporting. Bookmark the permalink.

2 Responses to Weavering… Liquidator sues the Administrator

  1. I do trust all the ideas you’ve offered on your post. They are really convincing and will definitely work. Nonetheless, the posts are too quick for beginners. May you please lengthen them a bit from subsequent time? Thanks for the post.

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