Sidley Austin’s Leonard Ng on the regulatory change UK asset managers urgently need and the reforms set to keep hedge fund managers up at night

Today’s guest details the EU and UK regulatory concerns that he believes should be keeping the world’s largest hedge funds up at night. He calls on UK lawmakers to do more to address what he sees as an urgent need for a UK fund vehicle to help the country’s asset management sector better compete with its rival European hubs. And he warns of the unfortunate regulatory repercussions arising from politicisation of the European rulemaking process.

Leonard Ng is a member of the executive committee and co-head of the UK and EU financial services regulation group at US law firm Sidley Austin.