News/Regulation
PGGM backs private equity regulation drive in Netherlands
Pension fund welcomes Labour's greater transparency proposal
Regulatory hurdle for Electra's Original Bowling add-on
Bolt-on acquisition may be referred to in-depth investigation
Luxembourg announces first EuVECA passport registration
Almost thirty passports have been registered EU-wide since 2013
UK's summer budget hits carried interest taxation
Treasury has closed tax loophole on carried interest
French senate rules out staff notification requirement for divestments
"Loi Hamon" significantly altered, only applies to distressed situations
Labour unveils plan to target carried interest taxation
Carry to remain taxed as capital gains, BVCA understands
CVC, Bencis fined in Dutch flour cartel case
Two firms fined around €1m each
Walker report shows transparency issues linger
Several companies failed to meet publication and data provisions requirements
Carlyle, EQT, Nordic Capital tax structures exposed in Luxembourg leak
Leaks include information about tax structures and specific deals
Corporate VC leaders address EU antitrust threat
Speakers at Global Summit discuss potential repercussions of proposed EU Merger Regulation reform
Nordic Capital scores definitive win in tax case
Rejection of appeal cements middle court's decision and could influence ongoing cases
Solvency II: capital charge for PE could be lower than expected
Move from 49% to 39% would be major relief for industry
HMRC withdraws Oxford Tech’s VCT status
Removal could be devastating for the investor
Regulators still missing the mark
Almost half of financial service professionals do not believe that any national regulator has managed to strike the correct balance for investors and growth, according to a global survey by Kinetic Partners.
Autumn Statement spells good news for EIS
The UK Chancellor’s Autumn Statement, released today, outlines more favourable and encouraging tax relief for the Enterprise Investment Scheme.
Italian association berates “unnecessarily heavy” tax changes
Aifi, the Italian private equity association, has criticised changes to corporate taxation structures that could see the beleaguered industry take another hit.
German coalition agreement recognises PE importance
The coalition agreement by German parties CDU/CSU and SPD recognises the importance of private equity, with a special focus on venture capital.
Nordic Capital tax case could be ruled before year-end
NC Advisory, Nordic Capital’s advisory firm, is today attending a second day of hearings in Stockholm’s appeals court. Karin Wasteson reports from Stockholm
French GPs dodge bullet on foreign LP taxation
The French parliament has rejected a proposal to withhold 30% of distributions to foreign LPs invested in French private equity funds.
Walker Guidelines Monitoring Group appoints new chairman
The Walker Guidelines Monitoring Group has appointed Nick Land as chairman.
Swedish carry tax: IK Investment Partners wins latest case
Björn Savén and 14 other key people at IK Investment Partners have won the latest round in their ongoing dispute with the Swedish tax authority.
Esma publishes final AIFMD guidelines
The European Securities and Markets Authority (Esma) has published a set of final guidelines relating to the reporting obligations of AIFMs under the AIFMD.
Club Med takeover pushed back to earliest March 2014
Axa Private Equity and Chinese conglomerate Fosun have suffered a setback in their plan to take French holiday resorts operator Club Med private, as a court of appeal will not rule on minority shareholders' opposition to the deal before March 2014 at...
Altor receives SEK 500m tax bill
Partners at Altor will receive an additional tax bill of SEK 500m for the 2008 income year, according to local media reports.