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Compliance

Mourant Ozannes opens BVI office

Mourant Ozannes has opened an office in the British Virgin Islands (BVI) in response to demand from clients and intermediaries for BVI legal services. The new BVI office opens with three partners and will focus initially on corporate, international finance, investment funds, investment business regulation, insolvency and litigation services.

 Michael

Matthäus Den Otter, chief executive, SFA

SFA welcomes partial revision of CISA by Swiss parliament

The Swiss Funds Association says the solution reached by the Swiss parliament over the partial revision of the Federal Act on Collective Investment Schemes (CISA) is a balanced compromise between investor protection, market access and competitiveness. Acting as second chamber, the National Council dealt with the partial revision of the

Fund managers regard AIFMD as business threat, says Deloitte survey

Nearly three-quarters (72 per cent) of fund managers view the Alternative Investment Fund Managers Directive as a business threat, according to a survey carried out by Deloitte. The biggest concerns for fund managers are depositary costs (84 per cent), delegation (78 per cent), changes to contractual arrangements and routes to

Guernsey’s chief minister, deputy Peter Harwood

Guernsey signs TIEAs with Italy and Latvia

Guernsey has signed Tax Information Exchange Agreements (TIEAs) with Italy and Latvia. The bilateral agreements were signed on 6 September and they mean that Guernsey has now signed a total of 37 TIEAs. Guernsey’s chief minister, deputy Peter Harwood (pictured), says: “Our relationships with the Member States of the European

Camille Thommes, director general, ALFI

Luxembourg submits draft law to parliament to transpose AIFMD

The Luxembourg Finance Ministry has submitted a draft bill transposing the European Alternative Investment Fund Managers Directive to the Luxembourg Parliament. “ALFI strongly believes that the AIFMD presents a welcome opportunity for Europe to create a brand in the alternative investment market, similar to the global brand it has created

An attractive jurisdiction for private equity

By Pascal Hernalsteen – Benefiting from a flexible tax and legal environment, but also from a well-educated, multilingual, multinational workforce, and an exceptional concentration of highly skilled service providers and niche experts, the Grand Duchy of Luxembourg has in a few decades become the world’s second largest centre for investment

Legal adaptability provides an international edge

By Simon Henin – These remain difficult times for the private equity industry. Although there are signs that activity is regaining momentum, it remains significantly subdued by comparison with the period before the onset of the financial crisis, especially in terms of fundraising. Only around 150 new firms raised a

Stephanie Miller, global head of alternative investment services for JP Morgan WSS

JP Morgan adds Form PF capabilities to alternatives product suite

JP Morgan Worldwide Securities Services has added reporting capabilities for Form PF, the Securities and Exchange Commission’s new regulatory filing for registered investment advisers, to its suite of services. The new reporting capability will provide clients with access to business critical information allowing them to meet this regulatory requirement.  

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