Tag: effects

Table of contents Executive summary………..3 Historical background………..4 Regulatory framework………..5 Operational requirements………..5 Taxation………..6 Regulatory Framework: Categories of Regulated Fund………..8 Authorisation of OEICS………..9 Authorisation of AUTs………..10 Operational Requirements: UCITS and NURS………..10 Investment Trust Company………..12 Marketing the Fund………..13 Taxation………..13 Taxation of the AIF………..13 Transparency………..14 Remuneration………..15 Operational and Organisational Requirements………..16 Regulated activities………..16 Terminology: ‘Authorised Persons’ and ‘Approved Persons’………..17 Proposed Changes And Developments………..18 Conclusion………..19 Reference List………..20 Appendix A. Hedge Fund Investment Partnership………..22