Regs & Compliance
3 October 2022
Invest Europe releases new ESG reporting guidelines
New guidelines aim to be user friendly and include a voluntary reporting template
28 September 2022
Aztec launches streamlined onboarding solution
Aztec Verify automates the due diligence process while ensuring regulatory compliance
19 September 2022
In conversation: Power to the LP
Highlights from a recent roundtable event examining the growing influence of investors in private equity fund management
15 September 2022
Profile: Kerrie Chung, Welkin Capital Management
The finance director discusses the firm’s setup when she joined, differences between fund administration for Cayman funds and local RMB funds, as well as Welkin’s tech stack
9 September 2022
Apex acquires Prometa
Prometa provides fund services to clients in Canada, the US and Bermuda
8 September 2022
IQ-EQ acquires JGM
US-based JGM provides middle and back office services to private equity and real estate firms
8 September 2022
Broadridge’s PE platform open for US funds
Private Market Hub is powered by distributed ledger technology
5 September 2022
Daring to be different
Having enjoyed several years of stellar growth, have Asian fund managers done enough to ensure their firms are operating in a robust enough manner to weather the gathering global macroeconomic storm?
2 September 2022
Domicile watch: August 2022
Key takeaways from the major private equity domiciles, including: JFSC’s extension of its AIF reporting deadlines, the FCA’s new rules for its AR scheme as well as AMF’s consultation on PE funds’ end of life
31 August 2022
Legal lowdown: Michael Halford, Goodwin
The partner, co-chair of global private investment funds discusses recent client challenges, thoughts on the FCA’s new AR rules and what he makes of PE’s reputation
18 August 2022
Novata launches SFDR reporting solution
The tool should allow portfolio companies to produce tailored SFDR reports
18 August 2022
FCA sets sights on conflicts of interest
The UK watchdog has highlighted conflicts of interest as a key area of focus in its latest portfolio letter
10 August 2022
Data analytics should be top priority for service providers
EY believes off the shelf solutions will no longer work to achieve GPs’ data requirements
9 August 2022
JTC launches Irish fund administration services
The launch comes after the fund administrator received regulatory approval from the Central Bank of Ireland
5 August 2022
Vauban creates Lux fund launchpad
The platform aims to help emerging managers to launch VC funds in Luxembourg
4 August 2022
BOE interest rate hike to impact valuations
“I think we can expect to see the interest rate hike exert some downwards pressure on valuations, though how much is difficult to forecast given the broader market conditions.”
3 August 2022
FCA sets out new rules for AR scheme
The new rules aim to improve oversight of appointed representatives, while placing more responsibility on principal firms
3 August 2022
Data, cyber security and AI compliance: managing the evolving landscape
Debevoise & Plimpton’s Robert Maddox and Martha Hirst detail how new cyber and privacy rules from regulators worldwide will impact PE firms, and provide five key tips to stay ahead
2 August 2022
FCA consults on retail access to LTAFs
The regulator has proposed draft rules to open up access to a broader range of retail investors, while providing further investor protection
1 August 2022
Setting the record straight
Eric de Montgolfier, CEO of Invest Europe goes beyond the fiction and details the facts about private equity and venture capital in Europe
29 July 2022
Domicile watch: July 2022
Key takeaways from the major PE domiciles: including JFA’s new committee, GFSC’s updated blacklist and proposed fees increase as well as FCA’s leadership hires
27 July 2022
NAV Fund Administration expands to Mauritius
The firm received a management licence from the Mauritius Financial Services Commission to operate as a managed corporate service provider
27 July 2022
Petra opens London office
Former Riverstone European general counsel and head of ESG, Charlie Chipchase, will lead the fund administrator’s new branch
25 July 2022
House of Lords slams PE for “financial engineering and tax avoidance”
Lord Sikka pointed to private equity fund and deal structures in Switzerland, Jersey and the Caribbean, created for the purpose of “asset stripping, profit shifting and tax avoidance”
20 July 2022
Arrow opens Luxembourg office
The new office will provide fund administration services via a local team
19 July 2022
AIFMD II: Where are we now?
The EU Council’s latest published document responds to the European Commission’s proposals, which would subsequently result in AIFMD II
18 July 2022
Legal lowdown: Sam Kay, Travers Smith
Partner and head of investment funds discusses PE’s evolution since 1998, the importance of carry, along with the challenges of labelling funds in relation to SFDR and the Taxonomy Regulation
12 July 2022
FCA delays consultation on SDR
The FCA has delayed its internal consultation period from Q2 2022 to autumn 2022
12 July 2022
Pinsent Masons expands to Luxembourg
As part of the expansion, Wildgen’s Michel Bulach, David Maria and Mark Shaw have joined the team
6 July 2022
Ocorian secures three Irish licences
The fund administrator has received AIFM, fund administration and real asset depositary services licences from the Central Bank of Ireland
5 July 2022
Key reporting deadlines for Q3 2022
Need to know dates for private equity filings in the third quarter of 2022
4 July 2022
Domicile watch: June 2022
Key takeaways from the major PE domiciles: including the FCA’s policy statement on regulated fees and levies for 2022/23, JFSC’s deadline extension for 2022 JPF annual compliance returns and Ireland reaches €4trn for the first time
4 July 2022
Grant Thornton promotes Killer to partner
Martin Killer joined the firm in March 2018 as tax director
28 June 2022
Private fund managers not ready to comply with SEC regulations
Only 17% of private fund managers surveyed believe their organisations are very prepared to comply with the SEC’s forthcoming reporting and compliance requirements
27 June 2022
TMF Group partners with Governance.com
The partnership aims to accelerate digital governance through process automation
27 June 2022
More signal, less noise: enhancing the UK’s position as a fund domicile
Despite housing the largest asset management industry in Europe, the UK ranks behind other jurisdictions as a domicile of choice for UCITS and AIFs
20 June 2022
Comment: Keep your head in the cloud to track ESG
To be good at ESG investing you need an exceptional ESG tracking system, which requires the power of the cloud, writes Ben Harrison of Intapp
16 June 2022
Profile: Laurent Marvy, PAI Partners
The head of HR discusses the key differences of HR & talent across the globe, PAI’s HR set up and advice for firms wanting to maintain culture in a hybrid environment
13 June 2022
Zeidler launches digital sustainable finance module
The module provides practical guidance on sustainable finance regulations, disclosure and reporting obligations
13 June 2022
Operational lens: Summa Equity Fund III
Summa’s latest fund was almost quadruple the size of its predecessor, despite being raised remotely. General counsel Martin Sjölund, talks us through their Swedish fund structure, the bespoke onboarding solution, tackling compliance heavy ODD and Summa’s supportive partners.
9 June 2022
FundRock expands to the Netherlands
The new office in Amsterdam will provide fund distribution services to clients
9 June 2022
Profile: Patrick Camenisch, Evoco Private Equity
The director of finance and operations discusses automating processes, fund administrator challenges, and why Evoco switched fund domicile from Jersey to Luxembourg
7 June 2022
Comment: ESG and PE in Asia: rules of attraction
Stephanie Keen, leader of Hogan Lovells’ corporate & finance practice in Asia Pacific and associate Amelia Lee detail regulatory developments putting ESG firmly on the map in Asia.
7 June 2022
ESAs clarify SFDR and Taxonomy Regulation compliance
Recent statement aims to clear up confusion over the application of SFDR and the Taxonomy Regulation ahead of their adoption
6 June 2022
Force of nature
The TCFD has put action to prevent climate change to the forefront of investing, now a new nature-related framework aims to put the spotlight on biodiversity
30 May 2022
Domicile watch: May 2022
Key takeaways from the major PE domiciles: including JFSC’s fee increases, Jersey’s amendment to its Limited Partnership Law and GFSC joining TNFD
24 May 2022
Crestbridge secures new Bahrain licence
The licence enables Crestbridge to continue its fund administration work in Bahrain following the restructure of its Middle Eastern business
23 May 2022
Legal lowdown: James Oussedik, Sidley Austin
To kick off our legal insights series, James Oussedik, investment funds partner at Sidley Austin discussed his thoughts on AIFMD II and fund domiciliation challenges
16 May 2022
Chain reaction: the hidden depths of KYC
KYC is so much more than just a passport and a utility bill. Highvern’s Ken Ritchie details the intricacies of KYC compliance
12 May 2022
Jersey amends limited partnership law
Latest amendments aim to provide fund managers with greater flexibility in international fund structuring
3 May 2022
In the dog house
How effective are financial regulators when it comes to keeping private equity in check?
3 May 2022
Domicile watch: April 2022
Key takeaways from the major PE domiciles: including Jersey’s NPPR use by AIFs and CIMA’s latest promotions
12 April 2022
EU Commission publishes finalised RTS under SFDR
The Commission Delegated Regulation will come into force on 1 January 2023, when SFDR is expected to come into effect
12 April 2022
Highvern receives Irish TCSP authorisation
The authorisation enables the fund administrator to provide corporate administration services to section 110 and SPV structures across alternative asset classes
1 April 2022
Domicile watch: March 2022
Key takeaways from the major PE domiciles: including the FCA’s PRIIPs regulation, JFSC’s proposal to increase investment business fees and the latest addition to Guernsey’s blacklist
31 March 2022
Profile: Kristy Trieste, Motive Partners
The CFO & chief compliance officer discusses being a founding partner, plans for the compliance function going forward, as well as how she interacts with IR
28 March 2022
Kroll launches valuation practice in Lux
The new business is headed up by Armand Kantar, who has been with the company since 2019
28 March 2022
“C-Suite and non-competes in the age of the tweet” – restrictive covenants and social media
Proskauer Rose’s Dorothy Murray and Nicola Bartholomew discuss the increasingly blurred lines when it comes to non-competes and personal social media accounts
24 March 2022
GRI most popular ESG reporting framework
The framework is widely used across the US and Western Europe because it’s considered the most comprehensive standard for sustainability reporting