Japan banks to sidestep Volcker private equity restrictions

Parallel fund structures given the go-ahead by the US

mizuho
The Volcker exemption is especially applicable to Japanese megabanks such as Mizuho

US regulators have rolled back one of the extraterritorial impacts of the Dodd-Frank Act by giving a green light to a parallel fund structure that will allow Asian banks caught by the Volcker rule to legitimately sidestep the investment restrictions placed on banks allocating cash to private equity funds.

Named after former Federal Reserve chairman Paul Volcker, the Volcker rule prohibits proprietary trading and private fund investing by banking entities and extends its application to a set of

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@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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