Legal & Regulation
The introduction of new legislation in Jersey that enables the establishment of Limited Liability Companies (LLCs) has the potential to significantly enhance pan-Atlantic business with the US, according to Jersey Finance.
Link Fund Solutions (Luxembourg) has been granted a license to act as UCITS Management Company and Authorised Alternative Investment Fund Manager by the Commission de Surveillance du Secteur Financier (CSSF).
According to a recent risk alert issued by the SEC, investment advisers continue to show deficiencies when it comes to best execution of client securities transactions.
A new survey of institutional asset managers, consultants and investors confirms compliance with the Global Investment Performance Standards (GIPS) is on the rise, with 84 per cent of asset managers responding saying their firms are GIPS compliant.
When the Trump administration ushered in the Tax Cuts and Jobs Act (the Tax Act) on 22 December 2017, US federal corporate tax rates were slashed from 35 per cent to 21 per cent. It was the biggest cut in three decades and as far as private equity managers are concerned, the news was greeted with open arms.
The number of alternative fund managers choosing to future-proof their EU-focused funds through Jersey continued to grow in the first six months of 2018, according to the latest figures from Jersey’s financial regulator.
Huw Beverley-Smith, a Partner in the Technology Transactions Group at the London office of Faegre Baker Daniels, examines the impact of GDPR on private equity firms…
Ipes (Luxembourg), a provider of outsourced services to Private Equity in Europe, has been granted a Depositary licence by the Commission de Surveillance du Secteur Financier (CSSF).
By Paul Smith, Guernsey Investment Fund Association – In an era when uncertainty and the unexpected can be relied upon to spoil the best-laid plans, Guernsey is one jurisdiction able to provide a stable, secure base from which to operate, and has the infrastructure and resources to ensure the highest levels of service quality while also being able to provide businesses with true substance.
By Martin Scott, International Administration Group (Guernsey) – Two years ago, almost to the day, Guernsey was set to receive the Alternative Investment Fund Managers Directive (AIFMD) passport to allow marketing of Guernsey funds across Europe. Then Brexit and politics took over, and the likelihood of the European Union extending the AIFMD passport to third countries now appears remote until the UK and EU have reached a trade agreement with respect to financial services. It therefore appears probable that National Private Placement Regimes (NPPRs) will remain in place for the foreseeable future.