Full Description
Davis Polk & Wardwell LLP is honoured to serve as Contributing Editor for the eighth edition of ICLG - Public Investment Funds, and it is my pleasure to have been invited to write this preface.
Publicly offered investment funds are subject to regulatory frameworks that, depending on the jurisdiction, impose comprehensive restrictions on how a fund is operated. The regulatory framework in the U.S., for example, imposes strict requirements on, among other things, a public investment fund's corporate governance, capital structure, portfolio investments, affiliated transactions, reporting and recordkeeping. The degree of regulation and the specifics of the requirements in each jurisdiction vary significantly, which is why a publication such as this is essential.
The eighth edition provides broad overviews of the general regulatory framework for public investment funds in 14 jurisdictions, as well as one expert analysis chapter on a topic of particular interest.
As the regulations in the financial services industry continue to evolve in response to new developments and obstacles in financial systems globally, it will be important for legal professionals and industry participants to have up-to-date resources such as this Guide for practical insight relating to different jurisdictions.
We hope that you find this publication useful in your practice, and we look forward to future editions of the publication going forward.
Contents
The Current State of U.S. Public Cryptocurrency Funds -
Gregory S. Rowland & Leon E. Salkin, Davis Polk & Wardwell LLP 1
Brazil - André Mileski & Ariela Ana Sznirer, Lefosse
Advogados 8
Canada - Stacy McLean, Jill Davis & Josh Jones, Blake,
Cassels & Graydon LLP 14
Denmark - Camilla Søborg, Equity Law Advokatanpartsselskab
21
Germany - Dr. Carsten Bödecker & Harald Kuhn, Bödecker
Ernst & Partner mbB 29
Hong Kong - Alwyn Li & Lawson Tam, Deacons 35
Ireland - Morgan Dunne, Deirdre Barnicle, Anna Moran & David
O'Keeffe Ioiart, McCann FitzGerald LLP 43
Japan - Yusuke Motoyanagi & Atsuo Kyoto, Nishimura &
Asahi (Gaikokuho Kyodo Jigyo) 49
Luxembourg - Michael Kirsch & Marcus Peter, GSK
Stockmann 55
Netherlands - Jeroen Smits & Ingrid Viertelhauzen,
Stibbe 61
Norway - Klaus Henrik Wiese-Hansen, Morten W. Platou, Andreas
Lowzow & Ingrid Austjore Valseth, Advokatfirmaet Schjødt 69
Spain - Jacobo Baltar, Giménez-Salinas Abogados 76
Taiwan - Hsin-Lan Hsu, Lee and Li, Attorneys-at-Law 86
United Kingdom - Tom Dunn, Sarah Logeswaran & Brandon
Wong, Burges Salmon LLP 94
USA - Gregory S. Rowland & Sarah E. Kim, Davis Polk
& Wardwell LLP 103
