Legal & Regulation | Private Equity Wire

Investment banks ‘overconfident’ on SFTR compliance, says new research report from Luxoft

Mon, 10/06/2019 - 10:31

New research from Luxoft, a global technology services and consulting partner, has revealed that Tier one, Tier two and Tier three investment banks are overconfident about the EU’s new Securities Financing Transactions Regulation (SFTR), which comes into force next April. »

Two-thirds of alternative investment fund managers predict a rise in regulatory arbitrage between EU member states

Tue, 28/05/2019 - 11:03

Over two-thirds (67 per cent) of alternative investment fund managers believe the prospect of regulatory arbitrage between European Union member states seeking to attract business is likely to grow over the next two years, according to a new study. »

New EIF policy offers welcome clarity for Jersey’s funds industry, says Jersey Finance

Fri, 05/04/2019 - 10:39

The recent publication of a new policy from the European Investment Bank (EIB) Group provides some welcome clarity around Jersey’s ability to continue to support the objectives of the European Investment Fund (EIF), according to the head of Jersey Finance. »

European Investment Fund (EIF) able to invest into Guernsey again

Mon, 01/04/2019 - 13:04

Guernsey funds have been reopened to millions of euros of potential investment as a result of the confirmation from the European Council of Finance Ministers (ECOFIN) that the island is considered a transparent and cooperative jurisdiction by the European Union. »

Guernsey confirms continuity of UK market access for funds post-Brexit

Thu, 14/03/2019 - 09:23

Guernsey’s financial services regulator has signed a Memorandum of Understanding with the UK’s Financial Conduct Authority to ensure market access for Guernsey investment funds into the UK after Brexit. »

JTC granted Luxembourg professional depositary licence

Fri, 08/03/2019 - 08:54

JTC has been granted a depositary licence by Luxembourg’s Ministry of Finance and is now able to offer a full range of services to alternative investment funds (AIFs) domiciled in Luxembourg, including depositary of assets other than financial instruments. »

Maples and Calder and MaplesFS combine as the Maples Group

Mon, 28/01/2019 - 10:45

Maples and Calder and MaplesFS which together comprise Maples Fiduciary and Maples Fund Services, have consolidated their offerings under a single brand, now called the Maples Group. »

ASCRI and Cuatrecasas launch handbook of guidelines for Spanish private equity firms and investors

Tue, 11/12/2018 - 18:53

The Spanish Venture Capital & Private Equity Association (ASCRI) and law firm Cuatrecasas have launched a handbook of ‘Good practice guidelines for investors and private equity entities in Spain’. »

Mourant ranked as No1 legal adviser for Jersey funds

Fri, 23/11/2018 - 10:48

According to the Monterey Fund Report 2018, Mourant has once again maintained its leading position as the go-to legal adviser in Jersey's funds industry, advising on over 46 per cent of all funds by market share of assets. »

Luxembourg has the toolbox for global distribution

Wed, 07/11/2018 - 12:58

Luxembourg continues to see net inflows of capital and is now the world’s second largest fund centre with, as of August 2018, EUR4.3 trillion worth of net assets under management, and this only in regulated funds, according to the Association of the Luxembourg Fund Industry (ALFI). »