Regs & Compliance
2 December 2021
Compliance calendar
Need to know dates for your diary as UK rules diverge post-Brexit, as well as upcoming key European regulations
25 November 2021
European Commission puts AIFMD and ELTIF under review
The legislative proposals adopted include clarification on delegation rules
12 November 2021
LPs: PE needs stricter oversight and regulation
According to Edelman, 74% of LPs believe there needs to be stricter oversight and regulation of PE
4 November 2021
Comment: New tax regime for UK asset holding companies
Ropes & Gray partner Brenda Coleman and associate Tim Waters detail the latest development for the UK funds industry
1 November 2021
Data is king (even when it comes to fund domiciles)
Common standards would enable decent data governance, which would do away with skills and talent challenges the fund administration market is suffering from
28 October 2021
Profile: Jon Fredrik Vassengen, Argentum
The manager and compliance officer discusses how the fund-of-fund determines ESG criteria and the challenges of collecting quantitative ESG data
25 October 2021
Domicile watch: October 2021
Key takeaways from the major PE domiciles: including the FCA's position on LTAF, Jersey's amended law which makes risk-based supervision a legal requirement and Guernsey's revised regulatory laws
21 October 2021
Jersey private funds: a new era
Jersey is a longstanding financial jurisdiction with an agile and responsive nature uniquely designed to meet market and client demand. It is no wonder it is an attractive destination to hold private funds, writes Simon Page, global head of fund services, Hawksford
18 October 2021
LISTEN: Private debt’s next stage of maturity
Direct lending has come a long way in a short period of time
15 October 2021
EQT formalises SBTs to address climate change
EQT has become the first private markets firm to do so, through the SBTi
14 October 2021
Finding the right home for your alternative fund
IQ-EQ's Justin Partington assesses the key elements of fund domicile selection
13 October 2021
INDOS secures Irish depositary licence
The firm received the licence from the Central Bank of Ireland
11 October 2021
Fund domiciles in 2021: UK
Key facts and figures relating to why the UK is an emerging domicile
11 October 2021
Fund domiciles in 2021: Malta & Cyprus
Key facts and figures relating to why Malta and Cyprus are domiciles of choice for small and emerging managers
7 October 2021
Fund domiciles in 2021: Cayman Islands
Key facts and figures relating to why Cayman Islands is a well-regarded domicile
7 October 2021
Fund domiciles in 2021: Guernsey
Key facts and figures relating to why Guernsey is considered a highly innovative domicile
7 October 2021
Fund domiciles in 2021: Jersey
Key facts and figures relating to why Jersey is a fast and flexible domicile
7 October 2021
Emerging managers: considerations for selecting your fund domicile
Launching a new fund is no easy task; don't let fund domicile selection add to the complexity
4 October 2021
Fund domiciles in 2021: The Netherlands
The Netherlands is an important centre for pension funds and offers a light regime for smaller GPs
4 October 2021
Fund domiciles in 2021: Ireland
Ireland is a domicile to watch thanks to its recent Investment Limited Partnerships reform
4 October 2021
Fund domiciles in 2021: Luxembourg
Luxembourg is a tried and tested domicile, popular with LPs, but concerns are mounting over skills and talent levels
4 October 2021
Shifting sands: the domicile dichotomy
On the surface, selecting a fund domicile is largely about catering to investor needs, however, just as the private capital fund space is ever-changing, fund jurisdictions are ever-evolving and appearances can be deceiving
30 September 2021
Taxation of partners: Changes expected
Alex Conway of Crowe UK details expected changes as to how partners will be taxed following the government’s current consultation
24 September 2021
The Drawdown Awards 2021: Winners announced
Congratulations to the winners of our recent 2021 Drawdown Awards
23 September 2021
CSC secures Luxembourg licences
In addition, CSC hired Pierre Mifsud as MD for depositary services, and Yves Cheret as MD for fund admin
21 September 2021
IPEM 2021: Europe leads the way for ESG
Magnus Billing, CEO of Alecta talks about Europe being a leader for ESG, and why PE firms have a great opportunity to be catalysts in reaching the sustainability goals
20 September 2021
JTC buys Segue
Segue provides fund solutions to private equity, venture capital, debt funds and family offices
20 September 2021
IPEM 2021: PE’s big challenge
Cornelia Gomez, head of ESG & sustainability at PAI Partners talks about why measuring the carbon footprint of the portfolio is not enough
15 September 2021
IPEM 2021: PE must embrace decarbonisation
Mathieu Chabran, co-founder of Tikehau Capital talks about decarbonising certain sectors and why those firms which only do it because they are forced to, will fail
15 September 2021
ACA buys Catelas
The ML-based electronic communications (eComms) surveillance and investigations platform will integrate with ACA's regtech platform ComplianceAlpha
13 September 2021
Standish expands to UK
Following authorisation from the FCA, the London office provides UK administration and depositary services
13 September 2021
IPEM 2021: PE is ready
Claire Chabrier, president of France Invest discusses how the Covid pandemic has accelerated innovation, climate issues and social responsibility
8 September 2021
SS&C launches ESG reporting solution
"We see the growing manager and investor demand to incorporate ESG metrics into client reporting at the manager and portfolio level."
8 September 2021
Suntera acquires NeoTrust
NeoTrust provides bespoke fund and corporate services to PE and RE, institutional clients, large and mid-sized firms as well as HNWIs
3 September 2021
Citco opens Hyderabad office
The new office provides fund servicing, banking as well as technology support functions
2 September 2021
Get ready for the new investment firms prudential regime
PE houses must familiarise themselves with the new requirements and ensure their forecasting practices are up to standard, writes Karen Allan of Haysmacintyre
25 August 2021
Domicile watch: August 2021
Key takeaways from the major PE domiciles: including the FCA's third consultation paper on UK IFPR, Guernsey's appointment of a strategic adviser for green and sustainable finance and Hong Kong's SFC amended fund manager code of conduct
11 August 2021
Crestbridge granted Irish licence
The firm received regulatory approval from the Central Bank of Ireland to provide fund admin services in Ireland
9 August 2021
2025: PE’s digital golden year
In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality
26 July 2021
Domicile watch: July 2021
Key takeaways from the major PE domiciles: including Denmark's ranking as most business-friendly domicile, increased fund fees for Jersey and Guernsey's proposal for increasing fees
22 July 2021
IQ-EQ buys Ireland’s DGFM
Acquisition follows launch of a dedicated funds service segment in Ireland in March
22 July 2021
Profile: Feizal Moossa, Adenia Partners
The chief risk officer discusses the importance of his role within private equity, how his responsibilities have evolved since joining Adenia in 2003 as well as operating without an in-house legal team
13 July 2021
EU delays SFDR application date
SFDR application has moved from 1 January 2022 to 1 July 2022 to ensure a smooth implementation of the standards
12 July 2021
Apex buys Germany’s mola-administration
Hamburg-headquartered mola-administration provides fund admin to PE, VC, debt, special situations and digital assets funds
12 July 2021
You can’t stand under my umbrella
The Greensill scandal has thrown light on umbrella structures, which are now under review by the FCA - what could this mean for private equity?
8 July 2021
The Drawdown Awards 2021: Finalists Announced
Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist
6 July 2021
Lack of standardisation biggest threat to ESG
“Without one standardised framework for reporting standards, we will continue to see firms mixing and matching various guidelines, hindering long-term process in the area.”
1 July 2021
Suntera granted Jersey licence
The licence enables the firm to support PE, VC, RE and other alternative fund managers with a full range of admin services from Jersey
1 July 2021
A guide to Germany’s new pre-marketing rules
New pre-marketing obligations for German AIFs come into force this August, with a distinctive German twist
29 June 2021
Domicile watch: June 2021
Key takeaways from the major PE domiciles: including Guernsey's updated code of corporate governance, Luxembourg's FAQ on MiFID application and Cyprus' new form related to cross-border activities
25 June 2021
FCA proposes climate-related disclosures
The proposals aim to increase transparency while enabling clients to make considered choices while remaining proportionate for firms
18 June 2021
Northern Trust extends capabilities in Switzerland
The firm received regulatory approval to provide custodian, depositary, transfer agency and ancillary services in Switzerland
18 June 2021
Alter Domus launches Irish AIFM
Alter Domus has acquired Beechbrook Capital’s Irish AIFM and received authorisation from the Central Bank of Ireland for specialised depositary services
17 June 2021
KPMG joins campaign for reporting taxonomy
KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)
14 June 2021
LPs increasingly concerned by tax and regulatory changes
43% of LPs identified regulatory changes as the greatest risk to PE returns
2 June 2021
Investcorp delists
The GP will delist from the Bahrain Bourse and become a closed shareholding company
28 May 2021
ESMA publishes guidelines on cross-border marketing
The guidelines specify the requirements funds’ marketing communications must meet
27 May 2021
Aztec opens US office
The new office specialises in fund and corporate accounting and administration for PE, VC, private debt, infrastructure, and RE sectors