Like Snoop Dogg, the vast majority of investment managers, directors of hedge funds and private equity funds, plus their service providers and counterparties, including administrators, banks, custodians, prime brokers and other financial institutions, whether foreign (i.e., non-U.S.) or U.S., must soon start sipping on gin and juice before they can be laid back when thinking about their money.

Willie Sutton, one of the FBI’s most wanted men of the 1950s, allegedly said that he robbed banks "because that is where the money is."

For hedge fund managers marketing and raising capital in Europe, the rollout of Annex IV has raised a number of questions.

Distributed ledger (DL) technology is the foundation on which crypto-currencies (or crypto-assets, depending on where one falls in the debate) lie.

After finishing the second reporting round for US FATCA, Foreign Financial Institutions (FFI) must now prepare for what will be the most arduous international tax compliance hurdle to date: the CRS.

Os prazos para as Instituiçőes Financeiras das Ilhas Cayman ("CFI") cumprirem com as obrigações de US FATCA e Common Reporting Standards ("CRS") estão se aproximando.

In March 2015, the Cayman Islands Monetary Authority (CIMA) issued a new Rule regarding the cancellation of a licence or certificate of registration of regulated mutual funds, which was to take effect on March 31, 2015.

How the Irish Financial Services Industry Continues to Provide Stability in an Uncertain World.

The US Foreign Account Tax Compliance Act (FATCA) is in the vanguard of a global movement towards the automatic exchange of information on tax matters.

The following alert has been updated to reflect the Mar 19, 2015 announcement of the opening of the Cayman AEOI Portal and the removal of the mandatory requirement for a NIL return to be submitted.

The first reporting cycle for the United States Foreign Account Tax Compliance Act kicked off with the 31 March deadline set by the US Internal Revenue Service's for countries and territories such as Hong Kong...

Fifty-three jurisdictions have agreed to automatic exchange of tax information beginning in 2017, under the OECD's Common Reporting Standard.

While we are all aware that our industry currently faces some headwinds, our observations indicate that there had never been a better and more crucial time to educate the industry on the need for hedge funds...

What does 2015 hold for the private fund industry?

Regulatory initiatives from the U.S. Securities and Exchange Commission (SEC) will continue to dominate the private fund agenda through 2015, but the industry will also need to pay close attention to developments from the European Securities and Markets Authority (ESMA) and tax authorities like the IRS and the Cayman Islands Tax Information Authority (TIA).

On 6 December 2013, after a period of consultation with industry practitioners, the Cayman Islands Monetary Authority – the Islands’ financial regulator – released its Statement of Guidance for Regulated Mutual Funds.

Under the EU’s AIFMD, investment managers must quickly assess the risk profiles of their funds, understand the various types of risk exposures, and meet the reporting requirements.

You may think this title is a reflection on the substance of the article; namely, observations on how non-EU funds approach raising capital in Europe. It is not.

It is quite a human trait to live in a state of suspended disbelief – when the news is just too bad to absorb, or when the consequences of an action are too much to contemplate.

Recently, the Cayman Islands Department of International Tax Compliance notified financial institutions that in October 2015 it will be introducing local regulations to implement the OECD's Common Reporting Standard.