Kevin Ley

Sweden is introducing changes to a proposed EU directive that, if passed, would curb compensation for hedge fund and private equity managers by up to 60 percent in some cases.

Representatives from the £13 billion Wellcome Trust and the UK Financial Services Authority testified before the UK House of Lords Tuesday about the potentially painful impacts from EU fund manager regulations, including loss of access to funds and marketing restrictions. House members said they would address such concerns in upcoming meetings with the European Commission.

Boris Johnson has said that a recent survey of British business leaders underscores the threat posed to London’s financial services and fund industry should stricter regulations and higher taxes force more firms and executives out of the city.

The UK regulator has found that fund managers may incur billions in compliance costs, while EU investors would lose access to some managers, should the AIFM Directive be passed.

Proposed regulations could force many 'foreign advisors' to register with the SEC, potentially causing them to limit their number of US LPs.

European private equity groups lobbying against recent proposed regulations should take aim at three particularly harmful measures, writes Kevin Ley.

European private equity groups lobbying against recent proposed regulations should take aim at three particularly harmful measures, writes Kevin Ley.

European private equity groups lobbying against recent proposed regulations should take aim at three particularly harmful measures, writes Kevin Ley.

European private equity groups lobbying against recent proposed regulations should take aim at three particularly harmful measures, writes Kevin Ley.

Investment firms with assets over a ‘modest threshold’ will need to register with the SEC, according to a proposal released last night by the White House. The plan comes a day after a Senate bill set $30m as the line above which all firms would need to register.