EC's criticised tax blacklist 'insignificant' for hedge funds

Larger clouds loom for jurisdictions seeking third-country passport issuance

Lars Ericsson, partner, Informed Portfolio Management

Following the global financial crisis, the financial industry is facing increased regulatory requirements and scrutiny, and hedge funds are no exception. A large part of these regulations have been designed to improve investor protection, for example through increased transparency requirements and regulatory oversight.

In a recent development, the EU has published a blacklist of tax havens, which include many of the typical hedge fund jurisdi