Jersey Finance has welcomed the signing of a Double Taxation Agreement (DTA) between the authorities in Jersey and Luxembourg.   Geoff Cook (pictured), chief executive of Jersey Finance, says: “The DTA with Luxembourg is a welcome addition. There are strong commercial links between some firms in Jersey and those in

By Jay Gould, partner, Pillsbury Winthrop Shaw Pittman LLP – On 8 April 8, 2013, we reviewed a recent speech by David Blass, the Chief Counsel of the Division of Trading and Markets of the Securities and Exchange Commission (the “SEC”), in which Mr Blass provided his views on whether

Alter Domus, a provider of administration services for alternative investment funds and multinational corporations, will be offering depositary services in Luxembourg and expects to be in the first wave of regulatory approvals.   Alter Domus will leverage this experience to provide such services in other relevant countries and is considering

Offshore law firm Mourant Ozannes has advised on a EUR350m private equity fund for DPE Deutsche Private Equity.   The team, led by partner Joel Hernandez and assisted by Kerill O’Shaughnessy, Jonathon MacFeeters, Matt Satchell and Stefan Chinniah, provided Jersey advice in connection with the launch and closing of DPE

The Bermuda Monetary Authority is advancing preparations to sign a cooperation agreement with Europe under the Alternative Investment Fund Managers Directive (AIFMD). The AIFMD is due to be implemented across Europe by 22 July 2013. The Authority has been in discussions with the European Securities and Markets Authority (ESMA), and

While 86 per cent of respondents to a Northern Trust survey say they broadly understand the implications of the Alternative Investment Fund Manager Directive, close to 70 per cent feel their investors are not engaged in AIFMD considerations.   “The AIFMD will ultimately affect every fund manager and their investors