Regulation

A recommendation to digitise stamp duty payments could expose fund managers restructuring, reorganising or transferring partnerships to more tax.

While offering some concessions, the US Treasury Department said overall limits to private equity investment by banks should remain in place.

The template allows an insurance company to calculate whether its holdings meet with the solvency capital requirements of the EU’s Solvency II directive.

The nominations deadline for sister title pfm's search for tomorrow’s superstar private equity lawyers is 31 May.

The regulation will be partially effective from June, but could still face a ‘full-scale rewrite.’

Firms should review whether capital from reinvestment or subscription credit lines should be included in IRR calculations.

The newly appointed head of the US financial regulator must divest direct and indirect holdings in at least 54 private markets funds.

Efforts to assess the effectiveness of the rule were discussed at a Monday meeting.

The investment bank has been granted a five-year extension to divest private market holdings.

Caroline Steil as a senior legal advisor from law firm Jones Day and will advise on the firm's secondaries activities.