News & Analysis as of

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SEC Compliance Consultants, Inc. (SEC³)

Top Tips for Updating Your 2024 Compliance Program

Every year compliance officers face the unenviable job of performing their compliance program's annual review under Advisers Act Rule 206(4)-7). An essential element of that review is updating the firm's compliance policies...more

Foley Hoag LLP

Reminder: Appointment of AML Officers for Cayman Funds Due by September 30, 2018

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Advisers that manage any Cayman Islands regulated or unregulated funds, investment entities including hedge funds, private equity funds or any other “financial services business” are reminded that September 30, 2018 is the...more

Dechert LLP

Is your Fund Documentation ready for the German Investment Tax Reform? – Transposition Deadline 30 June 2018 to be observed

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At the beginning of 2018, a new German investment taxation regime entered into force (German Investment Tax Reform 2018). Under the new law, a new intransparent taxation regime for mutual investment vehicles and their...more

Morrison & Foerster LLP

Federal Reserve Officially Extends Volcker Rule Conformance Period with Respect to “Legacy Covered Funds” to July 21, 2017

The Board of Governors of the Federal Reserve System (“Federal Reserve”), consistent with its previously announced intention, extended the conformance period with respect to investments in and relationships with covered funds...more

Latham & Watkins LLP

Be Prepared for the BEA’s Increased Reporting Requirements and Upcoming Deadlines

Latham & Watkins LLP on

Private equity firms are subject to new mandatory BEA reporting requirements on US direct investment abroad and foreign direct investment in the US. The Bureau of Economic Analysis (BEA) of the US Department of...more

Katten Muchin Rosenman LLP

IRS Delays Implementation of FATCA Tax Reporting Rules

The Internal Revenue Service this week released Announcement 2012-42 (the Announcement), which postpones until 2014 the need for foreign hedge funds and private equity funds to request Foreign Account Tax Compliance Act...more

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