Books

April 2019: Regulatory Update

The past year has seen significant shifts in the financial services sector, particularly in light of the introduction of a number of key regulations across various markets. This latest regulatory update will focus on some of the most impactful regulations for asset managers recently released or amended including MiFID II, GDPR, Anti-Money Laundering and the…

Tax

US Tax Requirements for Fund Managers

In the United States, tax developments have led to some asset managers shifting their operations and looking to outsource to specialists in order to stay abreast of changes and ahead of the competition. It is critical as regulation across the funds industry increases in complexity and US tax laws evolve, that both onshore and offshore…

Luxembourg

Luxembourg Regulation: Highlights October 2018

Luxembourg is emerging as a key investment jurisdiction for asset managers, especially with the possibility of a hard Brexit looming. As it jostles with Ireland for poll position as the fund domicile jurisdiction of choice in the EU, reports suggest that the number of people working in the Luxembourg investment industry grew by 10 percent…

Regulation hammer

October 2018: Regulatory Update

The financial crisis in 2008 saw regulators around the globe agreeing on some commonly shared aims to enhance the integrity of the markets and mitigate risks for governments and consumers. What we have seen over the past couple of years is a parting of ways and certainly a more fragmented approach to regulation across the…

Hammer

July 2018: Regulatory Update

On July 5, 2016, the European Commission released a fifth revision of the Anti-Money Laundering Directive (“5th AML Directive” or “5AMLD”). The latest revision adds weight to the Commission’s ongoing battle to strengthen protocols in the fight against money laundering and terrorist financing.