The fifth edition of the PLC Cross-border Investment Funds multi-jurisdictional guide is a comprehensive guide to the law and leading lawyers in this practice area worldwide. It has been an interesting year for the industry, with a sharp focus on improving accountability, transparency and corporate governance. The multi-jurisdictional guide's analysis chapters examine topical investment funds matters from an international perspective, particularly in the light of developments following the global financial crisis. In particular, they analyse:
The BVI funds industry: a changing landscape (Appleby).
Emerging markets: the growing appetite for offshore funds (Harney Westwood & Riegels).
Directors' responsibilities in Cayman investment funds (Ogier, Cayman Islands).
Hedge funds in the Cayman Islands: latest developments (Walkers).
South Africa: financial sector reforms and investment funds (Bowman Gilfillan Inc.).
The country-specific Q&A chapters examine the principal issues concerning investment funds in a number of jurisdictions. In particular, they provide insightful yet practical information on open- and closed-ended retail funds, together with hedge funds, on the following matters for each jurisdiction:
Current market overview.
Regulatory framework and bodies.
Rules concerning marketing.
Managers and operators.
Assets portfolios.
Legal fund vehicles.
Investment and borrowing restrictions.
Reporting requirements.
Tax treatment.
Reform.
The PLC Which lawyer? section of the multi-jurisdictional guide recommends private practice lawyers and law firms in the investment funds field across 30 countries. This should be read alongside the Lawyer profiles section, which contains more detailed biographies of some individuals.
The Investment Funds multi-jurisdictional guide is available online as part of PLC Cross-border. This is a unique online service that provides know-how and market intelligence for in-house counsel, as well as private practitioners operating across borders. The service includes practical guidance notes, standard form documents and checklists, as well as Practical Law Global, the new online magazine aiming to simplify global law through clear, practical and easy-to-read cross-border legal analysis. Visit www.practicallaw.com/aboutcrossborder for more information.
Other multi-jurisdictional guides in the series include: Arbitration, Capital Markets, Competition, Corporate Governance and Directors' Duties, Construction and Projects, Corporate Real Estate, Data Protection, Dispute Resolution, Doing Business in..., Environment, Finance, IP in Business Transactions, Insurance and Reinsurance, Investment Funds, Leniency, Life Sciences, Media, Mergers and Acquisitions, Outsourcing, Private Client, Private Equity, Restructuring and Insolvency, Structured Finance and Securitisation, Tax on Transactions and Venture Capital.
The multi-jurisdictional guide has been co-published with the contributors. We would like to thank all the firms involved for their excellent contributions and attention to deadlines. If you wish to contact any contributor, full details are set out at the end of each chapter.