Skip to main content

FSA tax break welcomed

TAX CHANGES| FSA RULES RELAX INVESTMENT RESTRICTIONS FOR ONSHORE FUNDS

LONDON -- FSA rules that permit UK onshore quasi-hedge funds to operate on the UK mainland will have little effect on the industry unless complimentary tax changes are introduced. That was the response of many industry figures to the FSA’s relaxation of investment restrictions, which will allow onshore funds to short, use derivatives and leverage up to 100% of their net assets.

"While the FSA is very gung-ho about regulation, the Inland Revenue has not changed its tax rules yet," says Paul Sater

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

Doing a deal? Prioritize info security early

Engaging information security teams early in licensing deals can deliver better results and catch potential issues. Neglecting them can cause delays and disruption, writes Devexperts’ Heetesh Rawal in this op-ed.

Europe is counting its vendors—and souring on US tech

Under DORA, every financial company with business in the EU must report use of their critical vendors. Deadlines vary, but the message doesn’t: The EU is taking stock of technology dependencies, especially upon US providers.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here