Regs & Compliance
27 January 2021
Domicile watch: January 2021
Key takeaways from the major PE domiciles: including Jersey's new definition for AML legislation, changes to Guernsey's private fund regime and Ireland's prep for SFDR
21 January 2021
Private Equity Service Provider Awards: Winners announced
Winners of the Private Equity Service Provider Awards revealed
18 January 2021
Apex launches tool for ESG regs
Invest Check is a tool to help financial services firms collect data to report and comply with upcoming ESG rules
17 January 2021
Citco opens Abu Dhabi HQ
The firm has also partnered with ADGM to create a sustainable, fully-integrated ecosystem for the investment management industry
14 January 2021
ESMA reminds firms of MiFID II reverse solicitation rules
The regulator notes that since the UK’s Brexit transition period ended on 31 December 2020, some questionable practices by firms around reverse solicitation have emerged
13 January 2021
ESMA and FCA agree MMoU on information exchange
The MMoU explains the FCA’s and EEA authorities’, “willingness to cooperate with each other to maintain confidence in the financial system and preserve financial stability in their respective financial markets
11 January 2021
The ESG tech wave
From static and infrequent DDQs to real-time, performance linked, fully integrated improvements; ESG is fast-becoming a tech play
18 December 2020
Irish Funds welcomes LP reform
The trade body predicts The Investment Limited Partnerships (Amendment) Bill 2020, passed in the Dáil, will create 3,000 jobs by 2025 and attract up to €20bn of global private capital each year
17 December 2020
The conversation: Trends in 2021 and beyond
InCloudCounsel founder and CEO Troy Pospisil examines patterns established in 2020 and how they will impact the next few years in private capital markets
16 December 2020
LISTEN: InCloudCounsel’s Pospisil on the future
Troy Pospisil explores how the regulatory landscape for private capital funds is evolving, how investor demands are changing and how InCloudCounsel’s offerings aim to support these developments
14 December 2020
Class of 2020
A cross-section of industry practitioners share their greatest lessons of this year
14 December 2020
2020 in review: Full speed digital transformation
A look back at private equity firms and their digital transformations in 2020
11 December 2020
BVCA launches Capital Gains Tax committee
Committee has been created in response to the UK Government’s ongoing tax investigation that has prompted fears of a CGT hike
9 December 2020
LISTEN: InCloudCounsel’s Pospisil on document abstraction
Alice Murray talks to Troy Pospisil, founder and CEO of InCloudCounsel about what it is, how it works and how it supports private equity legal teams, as well as the wider organization.
8 December 2020
2020 in review: Regulatory complexity
A look back at the regulatory transformation around the AIFMD in the private equity market in 2020
7 December 2020
NAVs won’t return to pre-pandemic levels until 2022
80% of Duff & Phelps survey respondents believe up to 30% of private market investments won’t recover their pre-pandemic values until 2022 or beyond
2 December 2020
LISTEN: InCloudCounsel’s Pospisil on private equity roots
In the first instalment of our mini podcast series, Alice Murray talks to Troy Pospisil, founder and CEO of InCloudCounsel about the company’s origins: what drove him to set up the firm and how it has developed over the past seven years.
30 November 2020
Vauban raises £1.6m seed funding
Backers include Pi Labs, Kima Ventures, Westloop Ventures, Argonautic Ventures and UFP Fintech.
30 November 2020
Throgmorton launches CFO & COO Solutions
Throgmorton has launched an outsourced service for the CFO and COO function.
26 November 2020
Domicile watch: November 2020
Key takeaways from the major PE domiciles: including Jersey's new digital launches, VinaCapital's migration to Guernsey and Cayman's regs launches
19 November 2020
Alter Domus opens Cayman office
The firm has appointed David Boyd as Cayman country executive
16 November 2020
No place like home: finding the right fund domicile
Predictability, reliability and quality are key components, according to our expert panel
16 November 2020
CGT looks set to increase
The OTS report recommends the government should consider "taxing more of the share-based rewards arising from employment... at income rates"
6 November 2020
European Commission issues AIFMD consultation
It seeks views on how to achieve a more efficiently functioning EU AIF market, as part of a stable financial services system
3 November 2020
U.S. Bank launches alts fund services in Luxembourg
The office will provide fund administration, depositary and banking services to funds in Luxembourg
30 October 2020
Gibraltar updates funds legislation
The new Limited Partnership Bill and the Protected Cell Limited Partnerships Bill aims to modernise existing fund legislation
28 October 2020
Apex acquires Brazilian administrator
Banco Modal’s MAF claims to be one Brazil's largest alternative fund admins, with nearly BRL70bn of assets under administration and custody
26 October 2020
Comment: The ‘new office politics’
IC Intelligence chief strategist Dr Desné Masie, says the worst isn't over for real estate funds
22 October 2020
Fund managers fall short on governance
A large number of previously authorised fund managers have failed to implement the governance framework set out by the Central Bank of Ireland
22 October 2020
DAC6: what it means for LPs
Natalie Psaila, counsel in the London Tax Group at Hogan Lovells, details the circumstances in which the DAC6 rules are most likely to be relevant to investors in private equity funds
21 October 2020
Domicile watch: October 2020
Key takeaways from the major PE domiciles: including Jersey's new digital registry, Ireland's approval of the limited partnership reform and Cayman's removal from the EU blacklist
20 October 2020
WATCH: Technology…and how it’s shaping the operating models of tomorrow
The pandemic has been a catalyst for digital transformation, but there are major challenges still to face
19 October 2020
Comment: Can public subsidy and private equity co-exist?
Covid-19 has thrown the industry into an unwanted spotlight - and now the taxman cometh
15 October 2020
Apex purchases FundRock
FundRock is an independent UCITS ManCo and AIFM and claims to be the largest third-party manager of UCITS funds in Luxembourg
14 October 2020
BEPS 2.0 up for public consultation
The blueprints for the approach reflect convergent views on key policy features, principles and parameters for a future agreement
13 October 2020
WATCH: No place like home: finding the right fund domicile
Predictability, reliability and quality are key components, according to our expert panel
12 October 2020
Held to account: why is it so hard for PE to open bank accounts
GPs are waiting up to nine months to open SPV accounts, and its easy to see why
7 October 2020
Cayman Islands removed from EU blacklist
The domicile adopted necessary reforms to its tax policy framework on collective investment funds in September
5 October 2020
AIFMD proposals: What’s good, what’s bad, what’s missing?
Following an evaluation of AIFMD's impact, ESMA has recommended 19 areas for amendments to the European Commission
1 October 2020
Private equity’s return to work
Taylor Wessing partners Emma Danks and Helen Farr outline the key litigation risks of returning to the office
28 September 2020
Ocorian acquires Newgate Compliance
The deal furthers Ocorian's service offering to asset managers operating in the regulated UK market.
28 September 2020
LemonTree creates advisory board
Mahmoud Warriah is advisor for accounting and Toby Norfolk-Thompson is advisor for banking and tax
28 September 2020
The ID Register spins out of Apex
Initially backed by Ipes, the Guernsey-based business is a clearinghouse for KYC and investor onboarding
24 September 2020
Ireland approves limited partnership reform
This amended legislation aims to modernise the Act by aligning it with more recent domestic and EU laws.
22 September 2020
Rochford launches in the UK
Treasury management provider Rochford Capital expands from Australian roots to the UK
21 September 2020
KPMG Luxembourg names new sector leads
Chrystelle Veeckmans is head of asset management and Christophe Diricks is head of alternative investments
21 September 2020
Comment: Cross-border marketing of funds
Richard Small, partner of Addleshaw Goddard, deciphers increasing complexities around crossborder marketing rules
17 September 2020
EDB receives FCA approval
The authorisation follows last year’s approvals from regulators in Malta and Ireland
17 September 2020
Profile: Debojit Mukherjee, Agilitas Private Equity
The chief operating officer discusses what attracted him to his role, how the firm measures and tracks ESG and why their Sustainable Value Creation report is so important
14 September 2020
US LPs invest £43.6bn into Guernsey-domiciled funds
Guernsey government research found the NAV of Guernsey-domiciled funds under management reached £227.7bn in mid-2019
10 September 2020
A true alternative
From alternative law firm to publicly listed full-suite asset management consultancy, MJ Hudson has had an outstanding decade
4 September 2020
Exclusive: InCloudCounsel opens in Hong Kong
Founder and CEO Troy Pospisil said expansion was driven by responding to global clients' needs
1 September 2020
Culture shock
Culture's intrinsic link to behaviour means private equity must think carefully about how it navigates the crisis
1 September 2020
Avega launches AIFM business
ACM aims to “shake up the fund industry and bring a new approach to alternative investments”
27 August 2020
Comment: Compliance and ESG - Overhead or value-driver?
The crisis will likely bring about more stringent financial and environmental regulations; cutting compliance and ESG resources could bear greater costs, warns Robin Lööf and Edoardo Troina at Debevoise & Plimpton
25 August 2020
Domicile watch: August 2020
Key takeaways from the major PE domiciles: including Jersey's new continuance fees for limited partnerships, Guernsey's limited partnership migrations and Luxembourg's fraudulent websites
24 August 2020
Comment: Navigating capital calls
Lydia Danon and Shelley Drenth of law firm Cooke, Young and Keidan, outline practical steps PE firms ought to be taking to mitigate potential capital call conflicts
24 August 2020
UK GPs spend $8.6m on legals annually
A new report has revealed how much private equity firms are spending on external legal counsel
19 August 2020
ESMA reveals proposed amendments to AIFMD
The regulator’s letter follows its evaluation of the impacts of AIFMD to date, based on a review carried out by KPMG in 2017
19 August 2020
Comment: Why PE firms should consider hedging management fees
Lee McDarby of moneycorp says GPs ought to be thinking about hedging management fees as market turbulence looks set to continue