Financial Services Quarterly Report - Second Quarter 2012

more+
less-

In This Issue:

- DIFC Funds: A New Investment Vehicle for the Middle East p. 1

- An Analysis of the EU and U.S. Regulations Affecting OTC Derivatives p. 4

- Enhancing the Investment Advisory Contract Review Process for U.S. Sub-Advised Funds p. 6

- Amendments to the Luxembourg Law on Specialised Investment Funds p. 8

- Impact of New Luxembourg-Germany Double Tax Treaty on the Funds Industry p. 11

- Applying FATCA in Asia: Still Oceans Apart p. 13

- Russia Finally Establishes a Central Securities Depository Increasing Transparency in the Russian Securities Market p. 16

- UK Investment Banks: Up to FSA Standard? p. 19

- The Asia Region Funds Passport: Myth or (Almost) Reality? p. 22

- Upcoming and Recent Events p. 30

Excerpt from DIFC Funds: A New Investment Vehicle for the Middle East by Chris Harran:

Until recently, the Kingdom of Bahrain was the only choice for domiciling a collective investment vehicle within the Middle East and North Africa (“MENA”). Since 2005, however, the Dubai International Financial Centre (“DIFC”) has provided an attractive alternative. The DIFC is a free zone established within Dubai, in the United Arab Emirates (“UAE”), with its own laws, regulations, court systems and, critically for those looking to establish a fund here, its own regulatory authority, the Dubai Financial Services Authority (“DFSA”).

Please see full Report below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

Tax

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dechert LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×