Funds bulletin, October 2016

Funds Bulletin (a monthly round-up of topical legal, regulatory and tax issues affecting the fund industry). Includes our thoughts and comments on the delay to the PRIIPs KID delegated regulation, the FCA's proposals to improve competition in primary markets services, HMRC's draft guidance on the Disguised Investment Management Fee rules and Carried Interest rules and U.S. Treasury regulations addressing the U.S. tax treatment of related-party debt.  We also look at the recent Hosking v Marathon Asset Management LLP decision concerning the treatment of partnership profits and the impact this has on partnership law. 

Read the full bulletin: Funds Bulletin October 2016

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