Thu, Oct 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Private Equity Strategies

Regs Watch: Brief Updates on Changes in Regulation for Private Equity

Tuesday, January 22, 2013

A s journalists like me and lawyers have written ad nauseum, new and ever more regulations are in the pipeline for private equity and alternatives as a whole. Here we will hit on some of the cases of note and provide links to new guidance over the past month.

Sweden Doubles Carried Interest Tax:

According to a report in Bloomberg BusinessWeek, Sweden will double its taxes on carried interest, a move that will make the country more costly for private equity firms and cut its tax favorability overall.

China Leaves Private Equity Out of New Investment Law Revisions:

Chinese regulators have left private equity and venture capital funds out of revisions to their investment and securities laws coming into effect in June of this year.  According to, Wu Xiaoling, vice-chairman of the National People's Congress' financial and economic affairs committee, differences among regulators in terms of how to monitor private equity will need to be worked out before the government opts to regulate funds.

SEC Provides Guidance For Private Fund Managers And Compliance Officers:

Exams and increased monitoring are on tap for private equity funds within the US as the Securities and Exchange Commission (SEC) seeks to more closely monitor private equity funds and other alternative investments. In a recent speech Bruce Karpati, chief of the SEC's Asset Management Enforcement Unit, offered guidance on what firms can expect.

IRS Releases Final Rules on FATCA:

Long-awaited final rules for implementation of the Foreign Account Tax Compliance Act (FATCA) have been released by the IRS. These rules provide guidance for how funds taxes will now be treated both in the US and in foreign countries if a firm is based in the US. These rules will have far reaching implications for alternative investment companies including hedge funds and private equity.

Final Version of AIFMD, Largely Positive For Private Equity Funds:

Private equity firms that will be affected by the Alternative Investment Fund Managers Directive in the EU are welcoming the final draft rules released near the end of December, which are more lenient on private equity than previously expected.

 
This article was published in Opalesque's Private Equity Strategies our monthly research update on the global private equity landscape including all sectors and market caps.
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies


Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t