Regulation updates

Cross-border proposals backfire

Draft pre-marketing rules will complicate rather than ease EU-wide fund distribution

EU tax opinion may drive transparency in PE structuring

ECJ to rule on dividend and interest payments through holdcos

SMCR in practice

Reed Smith’s Douglas Cherry shares practical guidance for SMCR compliance

Mifid II update: FCA versus SEC

Reed Smith’s Adrian Brown and Don Andrews compare Mifid II implementation from either sides of the pond

Private equity’s pivotal role in the CMU

The Drawdown ventures to Brussels to explore what financial union plans will mean for PE

The Drawdown explores the private equity implications of the Capital Markets Union

Brussels to slacken grip on MiFID advisers

Reform plans set to ease compliance and pay rules for key private equity actors

The Drawdown explores the private equity implications of reform plans for the EU prudential regime

Private equity hedges bets on EMIR forex hedging rules

Funds’ FX hedges face costly collateral requirements in new EU regs


Private equity exemption from EMIR floated

Amendment of EMIR proposed by EU Council

different bank notes

Brexit risks regulatory expertise loss for PE

The FCA’s expertise and approach to private equity regulation will be missed


EU centralisation drive met with caution

Proposal to let Esma authorise directly certain funds draws mixed reaction from regulators at Irish industry event

Plans by the European Commission to centralise EU financial supervision met with caution

Waking up to climate change: day-to-day considerations

Climate change risk adds to increasing reporting requirements

Climate change risk up reporting requirements

Destination: Domicile

The Drawdown presents a guide to key fund destinations for GPs mulling a post-Brexit trip

The Drawdown presents a guide to the key fund jurisdictions for private equity after Brexit

MiFID II for Private Equity: Best Execution

Changes to best execution obligations under MiFID II require GPs to update policies to ensure all possible steps are taken

Best execution

MiFID II for Private Equity: Product Governance

Reed Smith’s Tamasin Little outlines the need for all firms to establish product governance policies

FCA outlines extension of SMCR

Extension of regime will see personal accountability for wrong-doing

Ireland amends LP structure in bid for private equity

The Amendment Bill brings Ireland’s LP structure into line with other European jurisdictions

The Senior Managers and Certification Regime: This time it’s personal

Private equity firms are particularly vulnerable to new accountability rules for senior personnel, writes Dino Bossi of Addveritas

Alvarez & Marsal raids KPMG to open Stockholm office

Nordic expansion comes in response to pan-European regulatory requirements