AML
The Republic of Marshall Islands has imposed Economic Substance Regulations. These new requirements have been imposed by EU and after accepting the mentioned requirements RMI has been white-listed by EU and largely complied by OECD.
Recommendations
Explanation The fundraising team can make forecasts of likely performance in the fund's chosen sectors, target IRR and money multiplier. However, it is very easy for such material to be misread or mislead potential LPs, particularly in light of changing circumstances or if material is presented selectively. Recommendation
Recommendations
Explanation Prospective LPs will expect detailed track record information to be provided by GP as part of the due diligence process. It is an important part of acting with integrity that the track record accurately represents the past performance of GP and is both complete and accurate. It is possible
Recommendations
Explanation The issue of responsible investment is of great importance to the industry. As society grapples with the sustainability agenda, the consideration and management of ESG opportunities and risks in the investment process is becoming increasingly important for both GPs and LPs to ensure the long-term performance of investments. In
Recommendations
Explanation Presentations and information provided by the fundraising team that influence LPs' decisions are often subject to the laws of all jurisdictions in which a fund is advertised. These laws often apply to information provided to LPs regardless of the media through which it is communicated. In certain circumstances,
Recommendations
Explanation The terms of an investment in a fund will normally be the subject and result of negotiation. Given the diversity of potential LPs in private equity, some LPs may require specific terms, for example to meet their own regulatory obligations. LPs may also be interested in obtaining certain preferential
Recommendations
Explanation The fund documents should set out the key terms and conditions and provide the framework within which GP will operate the fund. The minimum requirements for fund documents will depend heavily on the jurisdiction and applicable regulatory requirements and should therefore be reviewed by legal counsel. Recommendation It is
Recommendations
Explanation It is typical today for funds to be issued with additional interim financing in the form of facilities secured by the undrawn commitments of LPs. Such facilities, which are provided at the fund level (as opposed to facilities at the individual asset level of the fund), are typically set
Corporate Services
This article contains the information about Business Registration Number (BRN) and Company Registration Number (CRN) applied to companies registered in Hong Kong jurisdiction.
Funds
Alternative Investment Fund (AIF) is the best solution for making collective venture capital investments and organising investor funds in stocks, bonds, commodity indices, derivatives, currencies, cryptocurrencies, real estate and other financial assets.
Funds
Over the time, any asset manager who does more than plan to manage own assets faces the problem of a transparent and convenient management infrastructure.
Legal
The Common Reporting Standard (CRS), developed in response to the G20 request and approved by the OECD Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis.
Payment Account
Many business owners and entrepreneurs are brilliant when it comes to their business - but they don't know about the intricacies of opening an account and business banking.
Payment Account
Opening an business bank account for Fund Managing company is very different from opening a local business account the onboarding process which is more complex and requires that you produce more documents. If you want opening the best corporate bank account for Fund Managing company feel free to contact us.
Payment Account
Current laws and regulations allow crypto companies and individuals to open bank accounts, there is no restriction. But the policies of European banks can turn such a simple operation into a nightmare, so although we call countries crypto friendly, the banks are not equally friendly.
Payment Account
All businesses need a company account to receive payments from customers, make payments to suppliers, and track their finances. But it can be challenging for business to find a bank that is willing to take one on as a new customer.