Regulation
German PE faces challenges in 2013
German PE
Sponsored video: Bribery Act threat still looms
Bribery Act
European Commission adopts implementing rules for AIFMD
The European Commission has published the Level Two Delegated Acts for the Alternative Investment Fund Managers Directive (AIFMD), which will now have to be implemented on a national level by July 2013.
German PE set to suffer tax blow
While German private equity breathes a sigh of relief over AIFMD implementation, a new threat of tough taxation is rearing its head.
EU and Switzerland strike agreement on fund supervision
A new cooperation agreement between the Swiss and EU regulators allows information sharing regarding the cross-border operations of alternative investment funds.
France's fiscal cliff-hanger
Fiscal cliff-hanger
Swedish authorities continue to press for tax change
Sweden's tax authorities are vehemently pushing for a change in the taxation of proceeds for private equity fund managers.
French tax reforms getting carried away
The Loi de Finances 2013 introduces a number of measures likely to impact French PE firms. Greg Gille talks to Herbert Smith Freehills’ Jérôme Le Berre (pictured) to find out what the implications are for future investments.
Private equity becomes election battleground
Election battleground
French VCs appeal to French president over budget
Representatives from a raft of French venture capital firms have joined entrepreneurs in sending an open letter to President François Hollande raising concerns over measures introduced in the country's new budget proposal.
French PE industry “could collapse”, AFIC warns
French PE industry
French capital gains tax reform spells trouble for PE
The French government is pushing forward with an in-depth tax reform, as announced by new President François Hollande during the Spring election, which will see capital gains taxed at the same rate as income tax – a move likely to worry local fund...
AIFMD having little impact on fund marketing
More than half of GPs say the Alternative Investment Fund Managers' Directive (AIFMD) has had little impact on their marketing activities with just a year to go until implementation, according to a survey by IMS Group.
Fund managers left out on red tape reduction
UK environmental legislation
BVCA and UKTI launch venture partnership
UK Trade & Investment (UKTI) and the British Venture Capital Association (BVCA) have come to an agreement to work closely together to promote the UK as an international centre for venture capital and engage with overseas investors.
Depositary requirements detrimental to VC fundraising, says EVCA
EVCA has raised concerns that the proposed depositary requirement for venture capital funds could be detrimental to the fundraising environment in Europe.
EU relaxes VCT scheme requirements
The European Commission has enhanced its state aid approval for the UK's Venture Capital Trust (VCT) scheme, loosening both requirements and restrictions on maximum funding.
Tax authority demands Nordic Capital execs repay SEK 412m
Nordic Capital executives have been ordered to repay SEK 412m in carried interest tax, after the Swedish tax authority reached a final verdict in a lengthy investigation.
Norway joins carried interest tax push
The Norwegian tax authority will classify carried interest as standard income, putting a few hundred million NOK of carried interest at risk.
Swiss PE market threatened by regulatory reform
Regulation to hit Swiss PE market
AIFMD: Concerns over lack of suitable depositaries
AIFMD: Depositary shortage fears
Video: Government raises pressure on Bribery Act
The Bribery Act makes it a corporate offence if a business with a UK presence fails to prevent a bribe.
German insolvency reform to boost turnarounds
Germany has recently reformed its insolvency law with the introduction of ESUG, the Act for Further Facilitation of the Reorganisation of Enterprises, which promises to make it easier for businesses to get out of administration and back on their feet....
SVCA conference tackles industry reputation
Regulation and reputation were top of the agenda as private equity professionals gathered for the SVCA conference in Stockholm. Sonnie Ehrendal reports