Search results for

Kathy Hughes of Slaughter and May focuses on aspects of the new pension statutory framework that impact on M&A transactions

The coming year will bring legal and regulatory challenges for the US mutual fund industry, its advisers and the SEC, says Steven R Howard of Thacher Proffitt

Portugal regulates fund management in a way that meets investor demand for flexibility and tax benefits. By Carlos de Sousa e Brito and João Pereira Marques of Carlos de Sousa e Brito & Associados Law Firm

Young-Man Huh, Hee-Jung Shim and Pil-Kook Lee of Kim & Chang explain the ins and outs of marketing and selling offshore hedge funds in their country

The good news is that Belgium has brought its regulatory framework up to EU standards and beyond. The bad news is that it has partially removed its favourable tax treatment of accumulation units. By Bert Verdoodt of Clifford Chance

Fund management round the world is becoming the focus of more and more regulatory activities intended to attract funds to particular jurisdictions. Ireland and Luxembourg created attractive legislative environments to great success. Now many others want to emulate them.

Macedonia has a legal framework for setting up and managing investment funds but as yet no such funds exist. By Ljubica Ruben and Milco Kupev of Mens Legis Law Firm

By Malcolm Lombers, Stephen Wilkinson, James Quinney and Alison Brown of Herbert Smith

The Romanian financial and banking system has enjoyed spectacular growth over the last several years-both from an institutional perspective and in the introduction of financial instruments similar to those found in more developed market economies.

The Maltese Parliament is considering a new securitization law generally based on the Luxembourg model. It provides a comprehensive framework for the conversion of receivables or other assets into securities that can be placed and traded in capital markets. Issued securities are collateralised by the pool of assets which are transferred to a separate entity, the securitization vehicle, also referred to as a special purpose vehicle (SPV). The SPV can take the form of an investment company, a partnership, a trust or any other legal structure permitted by the competent authority.