UK updates QAHC regime
As part of its Spring Budget, the UK government has made adjustments to the Qualifying Asset Holding Company (QAHC) rules, particularly around ownership requirements.
In order to qualify as a QAHC, a holding company must meet the ownership condition whereby a minimum of 70% of it must be owned by Category A investors, which includes “qualifying funds”. Under UK law, the latter are either Collective Investment Schemes (CIS) or AIFs.
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