A second wind

The regulation, taxation and distribution of hedge funds around the globe

Firstly, a note on our new format. In prior years, this publication was in hard copy and ran to over 100 pages. As good "eco-citizens" (and to make things easier for you as reader to navigate), we have moved to a predominantly on-line version, with the country information now available in user-friendly web format. We hope you enjoy this new format and would welcome your feedback.

The last few years have been challenging ones for hedge funds, with reduced returns and assets being coupled with an unrelenting focus on the hedge fund industry as a whole by investors, regulators, tax authorities and indeed the general public. Recent fines imposed by regulators for supposed transgressions and the European drive towards pushing through the Alternative Investment Fund Managers Directive are evidence of a tougher stance, particularly by European politicians who have had hedge funds in their sights since well before the financial crisis. With the advent of the crisis, US and Asian authorities are also in the process of introducing more stringent tax and regulatory measures.

Australia

Austria

Bahamas, The

Bahrain

Belgium

Bermuda

Brazil

British Virgin Islands, The

Canada

Cayman Islands

China

Cyprus

Denmark

Finland

France

Germany

Gibraltar

Greece

Guernsey

Gulf Cooperation Council

Hong Kong

Hungary

India

Ireland

Isle of Man

Israel

Italy

Japan

Jersey

Korea

Kuwait

Liechtenstein

Luxembourg

Malta

Mauritius

Netherlands

Netherlands Antilles

Norway

Oman

Portugal

Qatar

Saudi Arabia (Kingdom of)

Singapore

South Africa

Spain

Sweden

Switzerland

Taiwan

Turkey

United Arab Emirates

United Kingdom

United States

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