Regulation
unquote" regulation update: Solvency II
In this week's unquote" regulation update, Anneken Tappe looks at the latest developments in Solvency II.
BVK calls on industry to remain calm on regulation
Despite its economic importance, the German private equity industry is struggling against a tide of regulatory pressure and a hostile political environment. But the BVK says despite recent negative publicity, new regulations are not set out to destroy...
unquote" regulation update: AIFMD
In this week's unquote" regulation update, Anneken Tappe looks at the latest developments surrounding the Alternative Investment Fund Managers Directive.
Swiss tax treaties could open doors for further crackdowns
Sweden is the latest European country to sign a Rubik tax treaty with Switzerland. Sonnie Ehrendal reports
Trade bodies urge EU to reconsider pensions directive
EVCA and other European trade associations have released a joint statement urging the EU to reconsider plans for occupational pensions.
VCT MBOs must continue, says ICAEW
Proposed changes may strip VCTsт of their ability to back buyouts т but this would have dire consequences, according to ICAEWтs CF head. Kimberly Romaine reports.
BVCA calls for more support for entrepreneurs
Ahead of the 2012 budget, the BVCA voices its concerns about the key issues in private equity.
Disregard for antitrust compliance challenges PE
Antitrust allegations can lead to serious legal and financial struggles for GPs. Yet, antitrust compliance is still not a hot issue in private equity, according to Baker & McKenzie. Anneken Tappe reports
EU due to issue white paper on pensions directive
The European Commission will release a white paper in reaction to technical advice for the IORP Directive.
Volcker responds to Dodd-Frank criticism
Paul Volcker has argued in a response paper that private equity investments should be separated from commercial banking activities.
French presidential election spells bad news for PE industry
The regulatory landscape is getting tougher across Europe for private equity - but French players might have more to worry about than most, as presidential candidates unveil measures that could affect the industry. Greg Gille reports
Swedish parliament debates limiting PE investments
The role of private equity ownership in the welfare sector has sparked debate in the Swedish parliament, with the opposition party calling for tougher rules on the industry.
FSA criticises MiFID revision
The Financial Services Authority has remarked that the current draft of the MiFID could be harmful to AIFs.
AIFMD timetable too short, says FSA
The risk of disproportionate regulation and a lack of implementation time for the AIFMD have been highlighted by the FSA in its latest discussion paper. Anneken Tappe reports
Jersey launches private placement scheme
Jersey has introduced a private placement scheme for institutional and professional investors.
AIFMD moves EQT funds onshore
EQT has announced that it will domicile its next fund within the EU.
Miliband calls for tougher takeover code
Labour leader Ed Miliband has pressed for stricter takeover rules in the UK, threatening the flexibility of investment strategies.
EU to boost Social Entrepreneurship Funds
The European Commission has proposed an initiative to stimulate and stabilise investments in social businesses across the EU, in order to drive sustainable economic growth. Anneken Tappe reports
Revision of pension funds directive threatens PE industry
Proposed changes to the regulatory requirements of European pension funds could lead to a loss of more than a third of investments in funds, leaving the private equity industry wary. Anneken Tappe reports
French LBOs: foreign buyers beware?
Franceтs latest Loi de Finances (the national budget voted in parliament) introduces stricter rules regarding fiscal integration and the tax deductibility mechanism on financial charges. This could spell bad news for foreign LBO funds looking to acquire...
EU proposes venture capital-friendly fundraising rules
New EU Action Plan proposes to increase funding of SMEs with the help of venture capital funds.
BVCA: AIFMD "still damaging"
The BVCA foresees new regulations dawning on the financial services sector will have substantial negative effects on private equity if policy effectiveness is not guaranteed. Anneken Tappe reports
Dutch PE industry embraces regulation
While regulation is the bane of private equity associations across the continent, the Dutch industry extends a warmer welcome than most. Anneken Tappe reports
Industry comments on ESMA's AIFMD advice
European regulator ESMA has published its final technical advice to the European Commission on the AIFMD's Level 2 implementing measures.