HM Government of Gibraltar has signed a Tax Information Exchange Agreement with the Government of the Italian Republic. The minister with responsibility for financial services, Gilbert Licudi QC, signed the agreement at the London Embassy of the Italian Republic. Ambassador Alain Giorgio Maria Economides signed on behalf of the Italian
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
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
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 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
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
Inflexion has been advised by Carey Olsen and Aztec Group on the launch of its latest Guernsey-domiciled private equity fund – the 2012 Co-Investment Fund. The fund, which initially targeted GBP75m of commitments, closed in record time on 31 July at its hard cap of GBP100m, six weeks after launch.
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
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
By Simon Gray – A raft of legislative changes, including the transposition of the European Union’s Alternative Investment Fund Managers Directive into Luxembourg law and the establishment of a new legal vehicle equivalent to a common law limited partnership, as well as a new tax treaty with one of its
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
