Legal & Regulation

Channel Islands law firm Carey Olsen has advised a new Jersey fund, GCP Infrastructure Investments, on its listing on the Main Market of the London Stock Exchange. »

Offshore firm Appleby has acted as the Cayman Islands counsel for Bright Smart Securities & Commodities Group in relation to its listing on the Hong Kong Stock Exchange on 25 August 2010. »

Dechert’s Declan O’Sullivan and Conor Durkin outline recent changes in revenue practice under which Irish funds may obtain an exemption from the Irish Revenue Commissioners making it easier for investors to subscribe for shares/units in an Irish fund. »

TerraNua, a provider of investment compliance solutions, has launched a new version of MyComplianceOffice for hedge fund and private equity firms. »

Guernsey’s government plans to give financial institutions a window from 1 January 2011 to 1 July 2011 for moving to automatic exchange of information. »

The Dodd-Frank Wall Street Reform and Consumer Protection Act will significantly change the regulatory regime governing investment advisers, particularly investment advisers to private funds, such as hedge funds and private equity funds, a report by law firm Pillsbury says. »

Staff changes at its Guernsey office is not a precursor to the transfer of fund administration operations outside the island, according to alternative fund service provider Butterfield Fulcrum Group. »

Corporate law firm AZB & Partners has topped the Venture Intelligence India league tables as the most active legal adviser for both private equity and M&A deals, advising a total of 50 transactions in the first six months of 2010. »

The Dubai International Financial Centre Authority has welcomed a series of regulatory changes to the DIFC’s collective investment funds regime. »

Private equity lawyer Matthew Hudson has formed a new law firm, MJ Hudson, to provide legal advice on the formation of specialist investment funds and structuring deals. »