News & Analysis

The former head of E&Y will spearhead efforts to ensure private equity managers are following transparency standards set by the UK Walker Guidelines.
The turnaround firm promoted internal talent to begin overseeing its operations.
GPs domiciled on the island will need to submit tax information on any UK-based LPs or face tax penalties from UK authorities.
Unite has called for taxation reform for private equity-backed business, as well as an investigation into KKR-backed Alliance Boots, which it claims has avoided at least £1.12bn in tax.
The US Foreign Account Tax Compliance Act may seem a tax bill at heart, but its impact will reach all functions of the firm write Ernst & Young members Jeffrey Hecht, Jun Li and Jim Kickham.  
EU regulators suddenly want GPs subject to the AlFMD to file some additional disclosures - which means it will take even longer for compliance officers to upgrade their firms' reporting systems sufficiently.
ff Venture Capital becomes the first venture capital or private equity firm to take advantage of recently relaxed mass advertising rules.
The US accounting standard-setter released a FAQ on its website stating disclosure requirements may be tweaked to fit the needs of private-sector entities.
Tax specialist Yasser El-Ansary will head up the Australian industry body from late November, following the loss of seven-year CEO Katherine Woodthorpe  
A slip up by the Swedish Tax Agency has temporarily relieved IK Investment Partners executives from a nine figure tax bill.
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